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Maeghan Jones is the President and CEO of the Community Foundation of Greater Chattanooga. In this role, she oversees strategy development and implementation, donor cultivation and engagement and foundation investments. Maeghan regularly speaks to local and national audiences on topics such as:…
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What counts as a qualifying distribution?
A foundation can meet the minimum-payout requirement with any expenditure that meets the definition of a “qualifying distribution.” In short, the law states a foundation must have qualifying distributions equal to approximately 5%, not a “payout” of 5%.…
What is the five percent payout requirement?
Each year, every private foundation must make eligible charitable expenditures that equal or exceed approximately five percent of the value of its endowment. The purpose behind the minimum payout requirement contained in Internal Revenue Code Section…
Applications for the 2025-2026 Career Pathways cohort were due Monday, March 3, 2025 at 11:59pm in your local time zone. Applications are now closed. Please fill out the interest form to be the first to find out when the next application window opens.
All applicants will be notified of…
John Tyler has been general counsel and corporate secretary for the Ewing Marion Kauffman Foundation since 1999 and its first chief ethics officer since 2004. In these roles for the Foundation and its affiliated entities, John combines his ability to understand and develop theory with his capacity…
Nonprofits across the country are feeling the ripple effects of a shrinking federal government and funding freezes. With a consequential tax package and a surge of executive actions, the policy landscape is growing increasingly complex. At the same time, American communities are grappling with…
This webinar equips both program officers and nonprofit leaders with strategies to go beyond funding and transition from transactional relationships to true partnerships. Learn essential skills, explore real-world success stories, and gain tools to foster sustainability and scalability for your…
It’s almost August and as Congress adjourns for its August recess, this will be our last Snapshot of the summer. We’ll continue to track developments from Capitol Hill, the Biden-Harris administration, and other policy developments for their impact on the sector and share as needed. We’ll be back…
On Thursday, the Council joined our partners at the U.S. Department of Housing and Urban Development to hand out this year’s HUD Secretary’s Award for Public-Philanthropic Partnerships. Plus, Supreme Court decisions, Ways & Means tax bills, last chance for Rescue Plan funds, new employment laws…