Showing: 7611 - 7620 of 8109 results
In response to numerous articles in which some media outlets have mischaracterized the intent and impact of donor-advised funds, the Council on Foundations released the following joint statement from interim president and CEO Gene Cochrane and Javier Alberto Soto, chair of the Council’s board of…
The Treasury Department released its report on donor-advised funds (DAFs) and supporting organizations (SOs) in December of 2011. This report, mandated by the Pension Protection Act of 2006, was due in August 2007.
The report is 109 pages, including appendices, and is divided into five chapters…
Donors and advisors are prohibited from receiving more than incidental benefits from grants made from their advised funds. Penalties apply to those who received a prohibited benefit, to those who recommended the grant, and, in some situations, to fund managers who approved the recommendation…
The Pension Protection Act of 2006 created new categories of disqualified persons for donor-advised funds and sponsoring organizations under the intermediate sanctions rules.
Categories of Disqualified Persons Created under the PPA
Donors and donor advisors with regard to transactions with…
This resource is a Council Summary of IRS Interim Guidance found in IRS Notice 2006-109, issued December 6, 2006, and explains steps for determining supporting organization status, and important information on the employer disaster relief fund exemption.
Responding to requests from the Council…
A Toolkit for Community Foundations
“Impact investing” is the practice of investing for social and environmental impact while generating financial return. For community foundations, impact investing represents a new, complementary tool for achieving community change. Community foundations are…
Federal Policy Updates
Join fellow community foundation CEOs for a dynamic and insightful roundtable focused on the latest federal policy developments and its potential implications for philanthropy. This conversation will provide critical updates, offer space for peer exchange, and…
This chart details which organizations can receive grants from donor-advised funds and which ones cannot.
In existence since the 1930s, donor-advised funds have been one of the fastest growing charitable giving vehicles of the past decade.[1] Capitalizing on this growth and on the increasing interest in international philanthropy among donors in the United States, a number of public charities have…
Public charities that hold donor-advised funds must comply with special rules regarding payments from such funds. Provisions under the Pension Protection Act of 2006 require certain payments from donor-advised funds to be made using expenditure responsibility, while certain other payments are…