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Question: May a private company foundation support the volunteer activities of the sponsoring corporation's employees?
Answer: Company foundations sometimes play a role in coordinating volunteer activities of the sponsoring corporation's employees. The IRS has approved company foundations'…
Thursday, November 9
4:45-9:00 p.m.
Welcome Reception and Dinner
JB Duke Hotel - 230 Science Drive, Durham, North Carolina 27708
Please join us for dinner and networking in advance of our unique convening, Managing Effectively Across Differences: The Impact of Implicit Bias on…
Stephanie Bell-Rose
Senior Managing Director and Head
TIAA Institute
Sally Kornbluth
Provost
Duke University
Floyd Mills
Vice President of Diversity, Equity and Inclusion
Council on Foundations
Anne Ollen
Senior Director
TIAA…
What is a private operating foundation?
A private operating foundation is a type of Section 501(c)(3) charity that uses its income primarily to directly operate a charitable program. For example, a private operating foundation may be a museum that is established and funded predominately by one…
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…