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We are pleased to announce the release of the Council’s 2016 Salary Tables. This year’s tables include salary data from nearly 10,000 full-time positions in foundations and corporate giving programs (representing over $1 billion in total salaries). The 1,010 grantmakers that participated in this…
The Internal Revenue Code provides excise tax penalties that can be imposed by the Internal Revenue Service whenever unreasonable or excessive compensation is paid to high-level employees of charitable organizations.
Over and above any legal requirements or public scrutiny, good stewards of…
Today, the Council on Foundations welcomes more than 200 foundation chief executive officers, chief financial officers, chief investment officers, board members, and board investment committee leaders from across the country to its annual Endowments and Finance Summit.
The Council’s…
Can we pay our board members? Should we?
The issue of whether to pay foundation board members is always a controversial topic. Expect the media, regulators, general public, and even your grantees to scrutinize the decisions you make.
What is legal?
Though the rules may vary slightly by…
Join the Council on Foundations on Tuesday, October 11, at 12pm ET for a special briefing on work at the Federal level to improve outcomes for children in need. Christine Calpin, Managing Director of Public Policy at Casey Family Programs, will highlight current opportunities to improve Federal…
Tax-exempt organizations must make annual returns and exemption applications filed with the IRS available for public inspection and copying upon request. In addition, the IRS makes these documents available. These FAQs relate to the public disclosure and availability of documents filed by tax-…
Hello, and welcome to New York City. I want to thank you for coming to our second annual Summit focused on finance and endowments.
For many years, the Council on Foundations has helped our foundation members understand important issues related to the management and practice of the great work you…
Every organization exempt under Section 501(c)(3) of the Internal Revenue Code is required to disclose certain information to the public:
The organization’s exemption application, Form 1023, is subject to public disclosure, along with any documents supporting the application and any letters…
In the United States, LGBTQ History Month is celebrated during the month of October. It is an annual observance of LGBTQ history, and the history of the gay rights and related civil rights movements. LGBTQ History Month was first celebrated in 1994. Among the early supporters and members of…