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In This Week's Edition of Snapshot…
CHARITY Act is reintroduced in Senate
Tax Reform Update: Freedom Caucus weighs in on tax reform
Senate continues work on health care legislation
Deadline for addressing debt limit more fluid than previously thought
In the States: Budgets…
There are four primary financial statements used in grantmaking: audited financial statements, statements of financial position, statements of activities, and statements of cash flow.
I. Audited Financial Statements
Audits are conducted in accordance with generally accepted auditing…
Strengthening Local Communities to Achieve Global Goals
Overview
There are significant challenges facing communities in the Southwest, including racial inequality in education, economic opportunities and health outcomes.
The Council on Foundations, Philanthropy Southwest, and Albuquerque…
Foundation recordkeeping is an inherently dull topic—unless it’s done wrong. The foundation manager who has not kept adequate documentation regarding expenditure responsibility grants risks an IRS audit. Similarly, a foundation manager confronted with a trustee succession battle will find the…
In This Week's Edition of Snapshot…
Tax Reform Update: Senate Finance Chairman calls for input on tax reform
Health care seems to gain steam in Senate
HUD announces it will begin accepting unsolicited proposals for research
In the States: Delaware charitable deduction at risk…
The interactive resource guides community foundations through the three main stages of the impact investing journey: Learn, Design, and Activate. At each stage, you can click on various topics to learn more about what the topic entails and how other community foundations have approached place-based…
It was nice to see so many of our corporate members at our annual conference in Dallas where we were joined by more than 1,000 attendees. It was an action-packed week that brought together leaders from across the world to discuss the most pressing issues in our sector. If you haven’t done so…