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A Note for Community Foundations
The IRS guidance in question refers to section 4944 of the Internal Revenue Code, which regulates jeopardizing investments made by private foundations. The section—and therefore the guidance—only pertains to private foundations. However there is no…
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Are you concerned about the state of higher education in the U.S.? This webinar features policy and foundation guest speakers who provided an overview of the status of Congressional reauthorization of the Higher Education Act. This legislation would…
It’s been about a month since I returned from Los Angeles, where I attended the Emerging Practitioners in Philanthropy (EPIP) National Conference and the Council on Foundations Annual Conference. I am extremely grateful that those organizations partnered to provide “Stay in L.A.”…
In 2012, the Department of Treasury and the IRS issued proposed regulations applicable to private foundations seeking to make grants to foreign organizations using equivalency determinations. At the time, the Council submitted comments in support of the rules, and urged Treasury and the IRS to…
Due to the Labor Day holiday, this week’s edition of Washington Snapshot is slightly abbreviated. We wish our readers an enjoyable Labor Day!
News from the Hill
Congress is in recess through the Labor Day holiday and will return to Washington on September 8th for a busy end-of-year…
Matt Charles is communications and public relations director at the Danville Regional Foundation, a member of the Council on Foundations.
In remembrance of the 9/11 attacks that occurred 14 years ago today, the Council would like to take a moment to extend our thoughts to all those who were affected by the tragic events of that day.
News from the Hill
Sen. Grassley Maintains His Skepticism of DAFs
In an interview with the…
Executive & Regulatory News
New Guidance on Mission-Related Investing
This week, the Treasury Department released long-awaited guidance on mission-related investments (MRIs), which the Council requested this year in our 2015-16 Treasury Priority Guidance Plan comments. The Council, along with…
Time flies when you are doing good work. The Danville Regional Foundation launched its Make It Happen! (MIH!) program in November 2010 to show that everybody can make a difference through incremental changes, no matter how small. Now, approximately 18 months later, we just awarded our 50th MIH!…
Breaking News: Speaker Boehner to Retire at End of October
Just as we were preparing to send Snapshot to our readers, we received word that Speaker of the House, Representative John Boehner (R-OH-8) will retire from Congress at the end of October. This announcement came during a meeting with GOP…