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Philanthropy University, the Conrad N. Hilton Foundation, and GSVlabs published a new report on the SDGs and how the various sectors, including philanthropy, can drive progress towards achieving the SDGs.
Bonus module 16 on Sustainable Development Goals (SDGs) is included in the CFExpressTraining.com - an online express training for board members, staff, and volunteers of community foundations of any size anywhere in America. Courtesy of C. S. Mott Foundation, all community…
In the May/June 1998 issue of Foundation News & Commentary, Jane Nober wrote "That's the Ticket" about using foundation funds to pay for tickets to fundraising events. Six years later, questions about tickets and other tangible benefits paid for by the foundation are still among the most…
The Stewardship Principles for Family Foundations encourage foundations to provide orientation and training for new board members and professional development for existing board members and staff. They also encourage planning for leadership continuity through activities that identify, educate and…
Question:
Can a company provide office space to the company foundation?
Answer:
A parent company can always provide the company foundation with office space as long as it does so free of charge. While it is even possible for the parent company and the foundation to share the cost of office…
Question: Why do Council on Foundations membership materials and invoices state that if my foundation and corporate giving program share a membership, dues must be paid by the corporation? Is this true for other memberships as well?
Answer: IRS self-dealing rules prohibit private foundations (…
Question:
What should corporate foundations and their parent companies consider when purchasing tickets to fundraisers?
Response:
Whether they are tickets to a dinner, to a performance, or simply for general admission to a facility, tickets have an economic value. When a company or…
Office equipment and supplies may always be shared if the parent company provides the foundation with the equipment or supplies free of charge. It is also possible for the parent company and the foundation to share the cost of equipment and supplies, but great care needs to be taken to structure…
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…
On September 25, 2015, 193 countries formally adopted the Sustainable Development Goals (SDGs) at the United Nations. The Council’s president at that time, Vikki Spruill, published an op-ed in the Chronicle of Philanthropy urging philanthropic organizations to partner with others to help…