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Showing: 11 - 20 of 31 results

Legal and Tax Compliance for Corporate Grantmakers: Self-Dealing & Conflicts of Interest

https://cof.org/content/legal-and-tax-compliance-corporate-grantmakers-self-dealing-conflicts-interest
In this third installment of the Legal and Tax Compliance for Corporate Grantmakers webinar, participants continue a review of the rules against self-dealing, where they come from and what they involve, as well as compare to rules regarding conflict of interest. We analyze a case study, a real life…

Legal Considerations for Corporate Foundations

https://cof.org/content/legal-considerations-corporate-foundations
A Chapter in Mastering Foundation Law: The Council on Foundations Compendium of Legal Resources Many businesses set up related charitable organizations for the purpose of engaging in philanthropic endeavors supported by the company. Because the funding for these charitable organizations is…

Corporate Foundation Legal FAQ: Despite Benevolent Intent, Generating Business for Company is an Act of Self-Dealing

https://cof.org/content/corporate-foundation-legal-faq-despite-benevolent-intent-generating-business-company-act
A business can generate goodwill through its philanthropic efforts, and such efforts can be good for business. For instance, the IRS has made clear that foundation expenditures that raise awareness of charitable causes can incidentally enhance the general reputation or prestige of its sponsoring…

Closing a Foundation: The Lucille P. Markey Charitable Trust

https://cof.org/content/closing-foundation-lucille-p-markey-charitable-trust
Closing a nonprofit charitable institution presents a range of unknowns to the grantmaking community. In this analysis, authors John Dickason and Duncan Neuhauser provide guidance to foundations considering whether to create a time-limited foundation or bring a foundation to an end. Topics include…

Navigating Mergers and Acquisitions: Guidance for Corporate Philanthropy Leaders

https://cof.org/content/navigating-mergers-and-acquisitions-guidance-corporate-philanthropy-leaders
The Council on Foundations' Navigating Mergers and Acquisitions report is a roadmap for corporate philanthropy leaders facing critical questions and considerations about combining philanthropies during times of a business merger or acquisition. This resource, informed by substantive…

A Compliance Checklist for Private Foundations

https://cof.org/content/compliance-checklist-private-foundations
The persistent scrutiny of nonprofit governance has prompted leaders at many types of organizations to take steps to assure that their own houses are in good legal and financial order. This checklist is a good place for you as a private foundation to start.

Webinar Recording: Self-Dealing Concerns for Corporate and Private Foundations

https://cof.org/content/webinar-recording-self-dealing-concerns-corporate-and-private-foundations
In this webinar, the Council’s Legal Resources team took an in-depth look at the self-dealing rules applicable to private foundations under section 4941 of the Internal Revenue Code. This webinar provided an analysis of the relevant rules and regulations governing transactions between private…

Glossary of Philanthropic Terms

https://cof.org/content/glossary-philanthropic-terms
Search by Letter A B C D E F G I J L M O P Q R S T U Certain definitions are defined by law. A 501(c)(3): Section of the Internal Revenue Code that designates an organization as charitable and tax-exempt. Organizations qualifying under this section include religious, educational,…

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