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After the outbreak of COVID-19, philanthropic organizations across the world committed to increased flexibility and trust with nonprofit partners. With new data showing only a 1 percentage point increase in US foundation grants going directly to organizations in other countries since 2011…
Most families and foundation leaders are uncertain about what is involved in continuity planning. You may have some of these common questions; here are some answers and explanations.
Why worry about continuity? We’ve got plenty of work to do just managing our grantmaking.
Why worry about the…
On May 30, 2014, the Urban Institute’s Center on Nonprofits and Philanthropy conducted a survey of donor-advised funds (DAFs) operated by community foundations. All community foundations with total assets of $5 million or more were invited to take the survey. When the survey closed on June 20, we'd…
December 21, 2012 - Comments on Proposed Amendments to the Regulations Relating to Reliance Standards for Making Good Faith Determinations
Community foundations often feel like waiving administrative fees is the right thing to do during a disaster or crisis. Or you may feel your community expects you to waive such fees.
And yet waiving administrative fees is almost always a bad business decision. This is especially true when a…
Question: Our foundation has been funding a local nonprofit for the last ten years. The nonprofit has one full-time employee and an annual operating budget of about $300,000. The nonprofit recently requested a $50,000 grant for operating expenditures or it will have to close down immediately. Even…
For boards of directors, trustees, and foundation managers, there are few areas of operation that cause more confusion and uncertainty than indemnification and the purchase of directors and officers (D&O) liability insurance. And it is no wonder. Mixing the often impenetrable statutory language…
Companies and their private foundations must carefully navigate the dos and don’ts of contact between foundation employees and legislators.
How should the company foundation's grants and activities fit into the sponsoring company's efforts to develop strong relationships with government…
Question: A public television station provides thank-you gifts of varying values based upon the amount of a donor’s contribution. An employee of a corporation makes a gift to a local public television station. Can the corporate foundation match the gift as part of its matching gift program, even…
Every organization exempt under Section 501(c)(3) of the Internal Revenue Code is required to disclose certain information to the public:
The organization’s exemption application, Form 1023, is subject to public disclosure, along with any documents supporting the application and any letters…