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Community Foundation Resources
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This packet contains what you need to set up, prep for, and attend a meeting with your Member of Congress and/or their staff. We’ve included resources about key legislation, data about the sector, and template…
More than 120 “NIL collectives” have been established in the U.S., many of them as tax-exempt 501(c)(3) nonprofit organizations, to raise funds and enter into agreements that compensate student-athletes at specific higher-education institutions in exchange for using the student-athlete's name,…
Summary
Since COVID-19 began its devastating course, philanthropy has stepped up to provide new resources and increased flexibility to those organizations and communities most impacted. As of May 2020, the philanthropic response to COVID-19 in the United States totaled more than $6…
The ACE Act, sponsored by Sen. Angus King (I-ME) and Sen. Chuck Grassley (R-IA), would modify existing rules relating to donor-advised funds (“DAFs”), make certain changes to the rules for the excise tax on undistributed income of private foundations, and exempt certain private foundations from the…
Curated resources from the Council on Foundations that may be helpful for responding to COVID-19.
indicates this content is available to Council members only.
Philanthropy Exchange
COVID-19 Survivors Fund – Open Exchange
Fees on COVID-19 Funds – Open Exchange…
On June 9, 2021, Senators King (I-ME) and Grassley (R-IA) introduced the Accelerating Charitable Efforts (ACE) Act. The bill modifies existing rules relating to donor-advised funds (“DAFs”), creates an excise tax on sponsoring organizations, and makes certain changes to the rules governing private…
On June 9, 2021, Senators King (I-ME) and Grassley (R-IA) introduced the Accelerating Charitable Efforts (ACE) Act. The Council on Foundations opposes this legislation.
The bill has several provisions that would negatively impact the philanthropic sector, including:
Establishing new and…
Debates around hate funding have grown in multiple spaces as issues of social violence, extremist ideology, and organized hate come to the forefront of public conversations. Advocacy organizations are flagging such activities, along with their funding sources, and implementing high profile…
As leaders of philanthropic institutions, donor-advised fund providers, and individual philanthropists, we are joining together to take a stand against the twisted use of charitable funds to support organizations that foment hatred. We are deeply concerned that donors, acting anonymously, through…
January 2, 2017
See the Council's statement on the passage of the final tax reform bill - December 20, 2017.
See the Council's joint statement with Independent Sector and National Council of Nonprofits - December 16, 2017.
Having passed different versions of tax reform in the House (H.R.1…