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WINGS is a global network of grantmaker associations and philanthropic support organisations that strengthen, promote and provide leadership on the development of philanthropy and social investment around the world. We give voice to the many cultures of giving and provides its members and…
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…
The Pension Protection Act of 2006 (PPA) permitted individuals to roll over up to $100,000 from an individual retirement account (IRA) directly to a qualifying charity without recognizing the assets transferred to the qualifying charity as income. While this initial provision expired on December 31…