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In this Week's Edition of Snapshot...
Tuesday kicked off the 115th Congress
The proverbial ball is officially rolling toward tax reform
House and Senate tax-writing committees welcome new members
In the States: NY and DC take action on minimum wage and paid family leave
Opinion:…
In this Week's Edition of Snapshot...
Ways & Means to hold hearing on changes to committee rules
Senate sets deadline to repeal ACA, move closer to tax reform
Treasury requests input on guidance for tax-exempt leases
How Philanthropic is the Trump Cabinet?
In the States: State…
What is an agency endowment?
What types of organization can establish an agency endowment at a community foundation?
When a public charity establishes an agency endowment at a community foundation, which organization owns the contributed funds?
Since the agency is releasing legal…
Monday, January 16, is Martin Luther King Jr. Day (MLK Day), a federal holiday in the U.S. The fact that a federal holiday was designated to commemorate the birthdate of Dr. Martin Luther King Jr. is significant - only two other figures have national holidays in the U.S. honoring them: George…
As the nation approaches the inauguration of the 45th President of the United States, our society remains conflicted on our ability to be united as a people. We find ourselves seeking relief from the divisiveness brought about by several events of the prior year: the civil unrest in many of our…
Explains the federal tax law for organizations such as charities and churches that receive tax-deductible charitable contributions, and for taxpayers who make contributions.
Community foundations occasionally consider conducting a raffle as a way to raise money for a particular fund. The plan may be to do a raffle as a standalone fundraiser or as part of another community foundation event. In many cases, donors approach community foundations asking to conduct the…