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As companies file their 2018 taxes, several corporate philanthropic leaders have contacted the Council with concerns surrounding the new excise tax. As part of the Tax Cuts and Jobs Act of 2017, Section 4960 of the bill imposes a 21 percent excise tax on highly-paid executives of nonprofit…
Tessa Skidmore is a Research Associate with the Women’s Philanthropy Institute at the Indiana University Lilly Family School of Philanthropy, where she manages research projects on a variety of topics related to gender and philanthropy. She received a Master of Public Affairs from Indiana…
Women’s foundations and funds have established themselves as a powerful force in philanthropy dedicated to women and girls. Giving from these organizations is substantial, but aside from a 2009 landscape report from the Foundation Center and Women’s Funding Network, our understanding of…
This time of year, I receive numerous inquiries about administrative fees. Perhaps it is first quarter investment return reviews or something in the spring air—but my response to the question about ‘lowering fees’ is fairly consistent—why would we encourage the lowering of…
John Hecklinger leads Global Fund for Children. Prior to joining GFC, John served as chief network officer for GlobalGiving, where he established partnerships to drive GlobalGiving’s growth as a globally networked organization. Before taking on that role, John was GlobalGiving’s chief…
Connor Diemand-Yauman is the co-founder and chief executive officer of Philanthropy U, the award-winning organization that launched the first-of-its-kind free online learning platform called Philanthropy University. His academic research on improving learning outcomes has been cited in over 160…
Social impact organizations do tough but vital work in under-resourced spaces — spaces constantly shrinking due to humanitarian emergencies, natural disasters, armed conflict and oppressive governments. The international donor community’s response to this challenging landscape has…
Unintended Tax Consequences for Fortunate Morehouse College Students? There Could be a Fix for That.
What an incredible announcement on May 19 by billionaire and philanthropist Robert F. Smith who pledged to pay off the student loans of all 2019 Morehouse College graduates. How great for these students. However, as some observe, this incredible gesture of generosity may have a downside in the form…
In This Week's Edition of Snapshot...
Opportunity Zones Accountability Legislation
BUDGET BRIEFING: No Caps, No Deal
Disaster Aid Package in Sight?
Pell Grants and Other Education Bills
No Plan for Third Round of Opportunity Zones Rules
New DOL Grants Available
States Tax Policy…