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In June, I had the pleasure of introducing four recent graduates of the Cleveland School District at the Cleveland Foundation’s annual meeting. We wanted to showcase top achievers to put a human face on the investment we’ve made in the future of Cleveland’s young people. These…
The Collective Impact Forum, a partnership between FSG and the Aspen Institute Forum for Community Solutions, invites you to attend the 2016 Collective Impact Funder Convening, Catalyzing Large Scale Change: The Funders Role in Collective Impact, which will take place on June 6-8, 2016, at the…
Right now the debate on the fiscal cliff is consuming mainstream media and all conversations in Washington, D.C. Deficit reduction, the cliff, and tax reform all have major implications for philanthropy. Here are the three issues the Council on Foundations is watching and will continue to monitor…
Jared Powell was the former Vice President of Marketing and Membership at the Council on Foundations.
Earthquakes rocked Ecuador, Japan, and Myanmar this past weekend, affecting thousands, and reminding all of us how vulnerable communities are to external disaster shocks.
As reported by the International Federation of Red Cross and Red Crescent Societies, a 7.8 magnitude earthquake struck northern…
Kevin Walker spearheads the Northwest Area Foundation’s efforts to stand alongside changemakers in its region of eight states and 76 Native nations and fund work that leads to racial, social, and economic justice. At the heart of this approach is NWAF’s commitment, honored every year since 2012, to…
Last summer, the Treasury Department announced their intention to finalize new regulations for program-related investments (PRIs). This week, it published nine new examples of permissible PRIs. Treasury responded to continued requests of the philanthropic community, which recognized that the…
The following examples are taken from Internal Revenue Code § 53.4944-3 Exception for program-related investments. They illustrate permissible and impermissible types of program-related investments.
Example 1.
X is a small business enterprise located in a deteriorated urban…
When the mainstream media pay attention to Native American communities at all, they most often tell stories of trauma and tragedy. There is truth in many of those stories, of course, but we at Northwest Area Foundation see a different reality that also is true. When we meet with people on…