Showing: 11 - 20 of 39 results
View the Slides
The steps of expenditure responsibility are the federally-mandated procedures a private foundation (and DAFs) must follow for any grant made to a non-charity. While the rules for exercising expenditure responsibility are relatively straightforward, many issues and concerns can…
With Community Foundation Week (#CFWeek) just days away, this midday webinar is the perfect time to brush up on communications tips around pitching press releases, creating marketing email campaigns that click with your audience, navigating social media, and showcasing your foundation's work…
This document is a tool to help you as a private foundation determine when to use expenditure responsibility for grants to public charities.
Expenditure responsibility is a five step procedure that is designed to ensure that foundation funds are used for exclusively charitable purposes.
The five basic steps that are required for completing expenditure responsibility include:
Conducting a pre-grant inquiry including a reasonable…
https://cof.org/content/grants-organizations-donor-advised-funds-expenditure-responsibility-required
Use this flowchart to determine if grants from donor-advised funds require expenditure responsibility.
Celebrating National Community Foundation Week November 12-18: Engage with Your Local Community Today!
Community Foundation Week, created in 1989 by former president George H.W. Bush, recognizes the important work of community foundations throughout America and their collaborative and innovative…
Self-Defense Exception: A legislative proposal to modify the private foundation excise tax on net investment income under IRC section 4940 would qualify as a self-defense issue, because it affects a private foundation’s duties. Private foundations may therefore communicate with the legislature, its…
On May 9, the House Ways and Means Committee released initial legislative text of the tax bill to be marked up this week. The Committee is expected to release a revised and more substantive bill Monday afternoon, so the provisions below could be modified and are subject to change.
Individual…