Public Policy

The Council on Foundations wrote, on behalf of our members, to the U.S. Department of Treasury and Internal Revenue Service (IRS) in response to Notice 2017-73—which was released on Dec. 4, 2017, and requested comments on the application of penalties with respect to donor advised…

In This Week's Edition of Snapshot… Ways and Means Committee Adopts FY 2019 Budget Views and Estimates Letter Senior Treasury Official Leaves Agency Amid Tax Reform Implementation In the States: SALT Workaround Bills Advance News from the Hill Ways and Means Committee Adopts FY 2019 Budget…

Members, View the Recording With the passage of tax reform and the repeal of the state and local tax (SALT) deduction, a handful of high-tax states—such as New Jersey, California, and New York—have been considering proposals to alleviate the new burden their residents will now face. Many…

  The Council’s Senior Counsel and Vice President of Legal Affairs, Suzanne Friday, examines certain provisions of the Tax Reform Act and how those provisions affect philanthropy in general, but more specifically corporate foundations and corporate giving programs. This webinar also…

In This Week's Edition of Snapshot… JCT Estimates Number of Itemizers Under New Tax Law IRS Issues Guidelines on New Opportunity Zones FEMA Seeks Youths Commerce Releases New Strategic Plan In the States: SALT Workaround Bills Advance News from the Hill JCT Estimates Number of Itemizers…

The Council provides an analysis of the annual president's budget request and congressional appropriations measures focusing on proposals that may affect foundations and the broad nonprofit sector.  Historically, budget requests put forward by the Administration serve as a messaging…

In This Week's Edition of Snapshot: Brief Government Shutdown Ended with Passage of Budget Deal Trump Administration Releases 2018-19 Budget Repeal of Johnson Amendment Raised at National Prayer Breakfast President Trump Officially Nominates New IRS Head FEMA Requests Comments on Natural…

Nonprofit and philanthropic leaders renewed their call for preserving the Johnson Amendment, the longstanding law that protects their organizations from the divisiveness of partisan politics. The call comes as House Majority Whip Steve Scalise (R-LA) used the National Prayer Breakfast to express…

In This Week's Edition of Snapshot: Hill Leaders Reach Agreement on Long-Term Budget Deal, Immigration Issue Remains Unsolved Pay-for-Success Measure Passes with CR in the House Senate Committee to Hold Hearings on Tax Reform Implementation Treasury, IRS Release Updated Priority Guidance for…

In This Week's Edition of Snapshot: President Delivers First SOTU, Congress Reacts Mnuchin Urges Action on Debt Limit as Congress Seeks to Prevent Another Shutdown Next Week Tax-Writers in House Continue Work Post-Tax Reform HUD and COF Launch Exchange Highlighting Public-Philanthropic…

In This Week's Edition of Snapshot: After three-day shutdown, government reopens; Congress continues to grapple with immigration Chuck Rettig tapped to be new IRS Commissioner Senate confirms Jerome Powell as new Federal Reserve Chair In the States: States consider Medicaid work requirement…

In This Week's Edition of Snapshot: With no agreement on DACA, Congress pursues another short-term funding deal to avoid a government shutdown Senate races with potential Finance Committee implications Administration continues push to expand broadband access House committee marks up bill…

In This Week's Edition of Snapshot… Democrats Throw Cold Water on Immediate Fixes to Tax Reform Tax-Writing Committees Add New Members, New Budget Chair Announced The Intersection of SALT and Charitable Contributions Immigration Agreement Could Unlock Funding Compromise IRS Estimates What it…

In This Week's Edition of Snapshot Tax legislation takes effect, Senate Finance Committee Chairman to retire Deadline to pass FY18 spending measure looms Two new U.S. senators sworn in In the States: State legislatures convene to confront uncertainty caused by the federal tax bill News from…

We will be taking a break from sending Snapshot through the rest of this year, and will return on Thursday, Jan. 4, 2018. We wish all our readers a safe and happy holiday! In This Week's Edition of Snapshot Tax reform goes to President Trump’s desk for signature Congress is up against a tight…

Member, View the Recording The tax bill has passed and many in the sector are wondering what it will mean for our work, and what comes next in our advocacy. Join us for a detailed look at the tax bill and a discussion on the legislative provisions that will impact philanthropy and charities. We…