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The IRS published 45 FAQs related to virtual currency (Bitcoin and other cryptocurrency), and foundations should note two of these questions address charitable acknowledgment of such gifts as well as IRS reporting requirements.
Briefly, a contemporaneous written acknowledgment is required…
The CFUnited 2020 Conference is cancelled due to the COVID-19 outbreak. For more information, please see the official conference statement.
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Tapping into the vibrant yet often invisible transnational communities and recognizing local solutions are borrowed and replicated…
In This Week's Edition of Snapshot...
The White House
House Committees’ Infrastructure Principles Unveiled
House Ways and Means Committee
House Energy and Commerce Committee
Department of Treasury
Department of Health and Human Services
Department of Agriculture…
This report from Charities Aid Foundation, Aga Khan Foundation, Charles Stewart Mott Foundation, and the UK Lottery Fund provides detailed data about the culture of giving in Kenya, Uganda, and Tanzania.
When the credit reporting agency Equifax announced in 2017 that it was breached, the personal data of 143 million people was exposed. The company subsequently agreed to a global settlement worth up to $425 million. Cyber attacks do not only occur in the private sector. Cybercriminals simply…
The FOTH Congressional Reception is being hosted by the Council on Foundations for friends of the philanthropic sector in Congress, FOTH attendees and philanthropic colleagues in Washington. Rep. Danny Davis (D-IL) and Rep. George Holding (R-NC) will be recognized for their legislative leadership…