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The Council submitted comments to the IRS on a proposed rule that outlined a handful of regulations for Type I and Type III supporting organizations. Introduced in February 2016, we identified two proposed regulations that are relevant for our sector:
The notification requirement…
His Excellency Amr Al-Dabbagh is the Chairman & CEO of Al-Dabbagh Group, a family holding company of 62 companies with sales, services and projects in 60 countries, and the Stars Foundation.
This year’s Council on Foundations Family Philanthropy Conference is challenging those of us in family philanthropy to consider how systems thinking applies to our work. At the opening plenary, David Peter Stroh from Bridgeway Partners defined a system as “an interconnected set of…
Executive & Regulatory News
Department of Labor Publishes New Rule on Overtime Regulations
On Wednesday, President Obama and Secretary Perez announced the publication of the Department of Labor’s final rule updating the overtime regulations. The Council has been closely tracking this…
This template community foundation board resolution authorizes the foundation to make a loan as a program-related investment (PRI). These types of activities are generally permitted by state and federal law when they serve to advance the charitable purposes of the foundation.
The term "program-…
Earlier this month, I joined the Council on Foundations after following a rather unique road in government relations, the law, and public policy. I’ve worked in all three sectors: public, private, and now independent. From my perspective, this new opportunity—this leap of faith that I…
https://cof.org/news/council-foundations-announces-new-vice-president-diversity-equity-and-inclusion
The Council on Foundations is pleased to announce that Floyd Mills has been named its Vice President of Diversity, Equity and Inclusion, a new position intended to advance the Council’s work to promote inclusiveness as a fundamental operating principal in philanthropic organizations. The…
New research by the Council on Foundations released today provides important benchmarking data on the salary, compensation, and demographics of U.S. foundations. The 2015 Grantmakers Salary and Benefits Report is the largest and most comprehensive report on foundation staff composition and…
Virginia Esposito is president of the National Center for Family Philanthropy.