Public Policy
The Council on Foundations would like to wish all of our readers a safe and enjoyable 4th of July!
News from the Hill
Tax Blueprint Proposes Ideas that Could Impact Charitable Giving
Our readers will recall that last week Speaker Paul Ryan (R-WI) and his Task Force on Tax Reform released their…
Legal Compliance Guidance
It is easy to get hung up on what you think you cannot do in terms of engaging with your policymakers. The good news is, you can do more than you may think!
Though the law varies somewhat between what community and public foundations are allowed to do, versus what private foundations are allowed…
Fundamentals
Find your Representative(s)
Members of Congress are interested to learn about the work that you are doing in their communities. When identifying your representative(s), it is helpful to think—not only about the district in which your home office is located—but also the areas in which you fund. It…
This post originally appeared as an op-ed in The Chronicle of Philanthropy on June 24, 2016 with the title "Brexit Vote Will Force Philanthropy to Tackle Many Tough Issues."
The vote for Britain to exit the European Union took philanthropy and the rest of the world by surprise. But it raises tough…
News from the Hill
Speaker Ryan Releases Tax Blueprint
As our readers know, Speaker of the House Paul Ryan (R-WI) organized five task forces to draft substantive blueprints outlining policy options for a number of issue areas—including tax reform.
Chaired by Ways and Means Committee Chairman, Kevin…
Download the Presentation Slides
August is here, which means your Members of Congress have ventured outside of the beltway for an extended stay in their districts—otherwise known as your communities.
This is a great opportunity for you to connect with your elected officials, build and…
In response to the horrific attacks in Orlando, Council President and CEO Vikki Spruill and Board Chair Sherry Magill penned an open letter reaffirming the Council’s commitment to advancing diversity, equality, and inclusion in and beyond the philanthropic field, and to continue serving as a…
News from the Hill
Senate Philanthropy Caucus Co-Chairs Encourage Colleagues to Join
This week, the Senate Philanthropy Caucus Co-Chairs, Richard Burr (R-NC) and Chuck Schumer (D-NY) sent a Dear Colleague Letter encouraging their fellow Senators to join the caucus. They called for colleagues to “…
News from the Hill
International Tax Reform Blueprint Forthcoming
Despite the condensed Congressional session due to the upcoming elections, Speaker Paul Ryan (R-WI) asserts that his Task Force on Tax Reform will release a substantive blueprint for tax reform before the end of this month.
Though…
News from the Hill
This Week in Tax Reform
The discussion around tax reform is still alive and well, as demonstrated by hearings this week in both the House and the Senate.
On Tuesday, Chairman Orrin Hatch (R-UT) of the Senate Finance Committee held a second hearing on corporate tax integration:…
Executive & Regulatory News
Department of Labor Publishes New Rule on Overtime Regulations
On Wednesday, President Obama and Secretary Perez announced the publication of the Department of Labor’s final rule updating the overtime regulations. The Council has been closely tracking this issue…
The Council submitted comments to the IRS on a proposed rule that outlined a handful of regulations for Type I and Type III supporting organizations. Introduced in February 2016, we identified two proposed regulations that are relevant for our sector:
The notification requirement for…
On May 18, 2016, President Obama and Secretary Perez announced the publication of the Department of Labor’s final rule updating the overtime regulations.
The Council has been following this issue closely and is here to help you understand how the changes could impact you and your organization.…
On May 18, 2016, President Obama and Secretary Perez announced the publication of the Department of Labor’s final rule updating the overtime regulations.
Key Provisions
The Final Rule focuses primarily on updating the salary and compensation levels needed for Executive, Administrative and…
The Council on Foundations wrote to the Department of Treasury and the Internal Revenue Service (IRS) to urge them to prioritize several regulations and guidance documents that impact our members. Each year, the Priority Guidance Plan identifies and prioritizes those tax issues that…
News from the Hill
Corporate Tax Integration and Philanthropy: What Does it Mean?
There has been a lot of buzz recently around the topic of corporate integration—prompted primarily by Senate Finance Committee Chairman Orrin Hatch’s (R-UT) intent to release a corporate integration proposal by the…