Friday, April 22, 2016 - 1:19pm
Last summer, the Treasury Department announced their intention to finalize new regulations for program-related investments (PRIs). This week, it published nine new examples of permissible PRIs. Treasury responded to continued requests of the philanthropic community, which recognized that the existing regulations did not represent the full diversity of investment opportunities available to foundations. The Council on Foundations, with the Council of Michigan Foundations, Mission Investors Exchange, the National Advisory Board on Impact Investing, and others, provided input on the new regulations.
Friday, October 16, 2015 - 9:33am
In this week's Washington Snapshot: News from the Hill; Happening in the States; Philanthropy News & Op-Eds; and more!
Friday, September 18, 2015 - 2:39pm
In this week's Washington Snapshot: Regulatory News; News from the Hill; Trending in Legal Affairs; Happening in the States; and more!
Thursday, September 17, 2015 - 8:00am
This week, the Treasury Department released long-awaited guidance on mission-related investments (MRIs), which the Council requested this year in our 2015-16 Treasury Priority Guidance Plan comments. The Council, along with the Council of Michigan Foundations and Mission Investors Exchange, continued to engage with key Treasury officials on this issue following our comment submission, and are pleased that they acknowledged the importance of this much-needed clarity for foundations.