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Data gathered in the 2015 Council on Foundations–Commonfund Study of Investment of Endowments for Private and Community Foundations® (CCSF) show that participating private foundations reported an average return of 0.0 percent for the 2015 fiscal year (January 1 – December 31, 2015…
Executive & Regulatory News
IRS Releases 2016-17 Priority Guidance Plan
Last week, the Department of Treasury released its priority guidance plan for 2016–2017. The priority guidance plan identifies and prioritizes tax issues that the agency aims to address through regulations or…
The Council on Foundations is pleased to announce that Jeff West has been named its new Director, Corporate Philanthropy. Jeff joins the Council’s member relations team led by Paula Wolferseder Yabar to help advance the corporate philanthropy field and further support the Council’s…
Providing grants to colleges and universities is a central function of many corporate foundations. Company foundations are often asked to provide support to educational institutions that train potential employees. And as a recent inquiry to Legal Affairs demonstrates, as long as the foundation…
On December 28, 2012, the Treasury Department and IRS issued final and temporary regulations on Type III supporting organizations. Simultaneously, proposed regulations were issued regarding payout for Type III non-functionally integrated supporting organizations. This analysis focuses on the areas…
News from the Hill
Congressional Leaders Champion Social Investment
Representatives Tom MacArthur (R-NJ) and John Delaney (D-MD) are working to educate their colleagues on the value of social investing and the role of philanthropy in leveraging private capital to create social good. The pair have…