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Donors and advisors are prohibited from receiving more than incidental benefits from grants made from their advised funds. Penalties apply to those who received a prohibited benefit, to those who recommended the grant, and, in some situations, to fund managers who approved the recommendation…
Join the AstraZeneca HealthCare Foundation (AZHCF) for a moderated roundtable discussion via livestream to hear grant awardees share their viewpoint on developing and implementing community-based programs to improve cardiovascular health. Ten U.S.-based nonprofit organizations that received funding…
Bringing Funds Into Compliance
The Pension Protection Act of 2006 (PPA) includes the first comprehensive regulation of donor-advised funds. For the first time, donor-advised funds are legally defined. The legal definition is important for grantmakers that operate various kinds of component funds…
The Council on Foundations and the U.S. Department of Housing and Urban Development (HUD) today launched the 2017 HUD Secretary’s Awards for Public-Philanthropic Partnerships. The Council and HUD are seeking nominations from charitable foundations working with the public sector to improve the…
This is the annual convening for grantmakers supporting veterans and military families. Generously sponsored by the McCormick Foundation and the Bristol-Myers Squibb Foundation, and hosted by the Council on Foundations. High level strategy discussions about funder collaborations, Trump…
This chart details which organizations can receive grants from donor-advised funds and which ones cannot.
In this Week’s Edition of Snapshot…
Tax Reform Update: POTUS Meets with Congressional Leaders About Tax Reform
Cabinet Nominations Progress in Congress
Bill Introduced to Allow Expanded Political Activity by Nonprofits
President Trump Issues more Executive Orders
SCOTUS…
Meg Long is President of Equal Measure, a national nonprofit evaluation and philanthropic services firm based in Philadelphia.
Summary
A supporting organization qualifies as a public charity because it has a close relationship with another publicly supported section 501(c)(3) organization. Based on the relationship of the supporting organization to the public charity it supports, a supporting organization will be…