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More than 120 “NIL collectives” have been established in the U.S., many of them as tax-exempt 501(c)(3) nonprofit organizations, to raise funds and enter into agreements that compensate student-athletes at specific higher-education institutions in exchange for using the student-athlete's name,…
How can philanthropic organizations maintain a commitment to race-conscious and identity-based giving strategies in an evolving legal landscape?
Join us to explore the practical steps you can take to maintain your foundation’s commitment to race-conscious and identity-based programs. With…
WASHINGTON - The Council on Foundations and Independent Sector are disappointed by the court ruling today against the Atlanta-based Fearless Foundation, an organization led by Black women that helps combat underfunding in venture capital by providing grants, tools, and mentorship to women of…
On May 20th, Congressman Erik Paulsen (R-MN-3) introduced H.R. 4691, a bill that would simplify the private foundation excise tax to a flat rate of 1 percent—a position the Council has long supported. The bill is co-sponsored by Congressman Danny Davis (D-IL-7). Council President and…
On June 3, the U.S. Court of Appeals for the 11th Circuit ruled that the American Alliance for Equal Rights has standing to sue, that the Fearless grant program is likely to violate Section 1981, and that the Fearless Foundation grant program must remain halted under a preliminary…
Strategies for Navigating the Fiscal Cliff's Effects on Individuals and Nonprofits
During the pandemic, federal aid played a vital role in bolstering nonprofits, ensuring their survival, and providing essential support like food, childcare, and housing to those in need. However,…
Joel Zarrow, Ph.D. joins the Park City Community Foundation as President and CEO having spent his career building, growing, and sustaining nonprofit organizations focused on improving community outcomes and social justice. Most recently, Joel served as the CEO of Children’s Literacy Initiative, a…
Marlene Spalten is a foundation executive leading one of the largest community foundations in Florida since 2012. She is experienced in creative and collaborative philanthropic services, grantmaking, and community leadership. During her tenure at the Community Foundation Tampa Bay, the annual…