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IRS Notice 2020-23, issued on April 9, 2020, clarifies that tax-exempt organizations are fully included in COVID-19 relief. Specifically, the filing and tax payment deadlines for IRS Form 990 series (990, 990-EZ, 990-PF, and 990-T) normally due between April 1, 2020 and July 15, 2020 are…
Gifts to community foundations have long been used as planning tools by individuals with philanthropic goals. Apart from qualifying for the maximum income tax deduction and the estate tax deduction, the community foundation is a vehicle that provides donors a variety of opportunities for fulfilling…
Big thank you to our partner, The Center for Effective Philanthropy for making this webinar possible!
More than 600 philanthropic organizations have committed to listening to their partners—especially to those communities least heard—and lifting up those voices to…
The Coronavirus - THE MORE YOU KNOW
World Health Organization: Situation Dashboard
How Philanthropy Can Respond:
Center for Disaster Philanthropy
Council on Foundations:
COVID-19 Resource Hub
List of COVID-19 Response Funds
In This Week's Edition of Snapshot…
Over the past weeks, COVID-19 has changed most community foundation's disaster and crisis management plans by the hour. As primary local funders throughout this pandemic, many are launching local response funds, shifting to immediate operational and unrestricted grants, and seeking best…
You may wonder whether you can make grants to GoFundMe campaigns that are supporting localized efforts during disasters. Proceed cautiously: GoFundMe and many similar crowdfunding platforms are not registered 501(c)(3) public charities, and therefore you need to examine carefully if the campaigns…
During the pandemic, many of us expected the stock market would fare poorly, that there would be long lines at food pantries, and that public health systems would be overwhelmed. Many of us did not expect to see record levels of unemployment, widespread permanent closures of small businesses, or…
Responding to your community’s needs during the COVID-19 pandemic is complicated. Your approach to combatting the outbreak and its impact on public health and the economy will differ from place to place. However, effective practices are emerging among community foundations that are applicable…
Bill #4 – Enacted April 24, 2020
Approximate appropriation: $484 billion
Comprehensive Coronavirus Legislation Guide for the Charitable Sector
This is a summary of the fourth bill Congress passed to help with the effects of the coronavirus outbreak. This guide highlights the specific…
The Coronavirus - THE MORE YOU KNOW
World Health Organization: Situation Dashboard
How Philanthropy Can Respond:
Center for Disaster Philanthropy
Council on Foundations:
COVID-19 Resource Hub
List of COVID-19 Response Funds
In This Week's Edition of Snapshot…