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Peter is the former Associate Director of Government Relations at the Council on Foundations.
Question: May a private corporate foundation or corporate giving program make a grant to a newly-established charity that has not yet received its IRS tax exemption letter?
Answer: Yes, but when making a grant to a charity whose application for exempt status is pending before the IRS, a private…
Co-Leads
Tonya Allen
President & CEO
The Skillman Foundation
Kathleen McLaughlin
President
Walmart Foundation
Kathlyn Mead
President & CEO
The San Diego Foundation
Members
Edmund Cain
Vice President, Grant…
In early December 2016, the Chinese government released the official and final version of their new Guidelines on Organizational Registration and Temporary Activities Reporting. These guidelines provide needed information for compliance with the 2016 Law of the People’s Republic of China on…
Can we back out of a multiyear commitment we made in a prior year because our foundation’s assets have declined?
The answer in many cases is “no.” That is, unless your grantee is willing to release your foundation from its obligation.
Generally, an unconditional, multiyear grant is considered…
Happy holidays! May this month be filled with year-end giving and exciting developments to propel you into 2017! As always, the Council is here for you, and I’m writing to share a few resources for you to consider as the year comes to an end.
First, the most recent developments in the…
2017 will be a year of change, as orthodoxies in the field get tested and philanthropy steps up and into a more prominent national role.
This post is part of our inaugural Trendspotting Series profiling important ideas that will be shaping some major fields of interest in 2017. Each…
Aligning private foundation grantmaking procedures with PPA requirements
The Pension Protection Act of 2006 (PPA) brought many changes to the charitable sector. The most significant changes for private foundations are the rules for making grants to certain kinds of supporting organizations.…
Harvey V. Fineberg is the president of the Gordon and Betty Moore Foundation. He previously held the Presidential Chair for 2014-2015 as visiting professor at the University of California, San Francisco. Prior to that, he served as president of the Institute of Medicine from 2002 to 2014 and as…