On February 19, 2016, the Treasury Department and the Internal Revenue Service issued proposed regulations regarding the prohibition on certain contributions to Type I and Type III supporting organizations and the requirements for Type III supporting organizations.
Private foundations make grants based on charitable endowments. The endowment funds come from one or a small handful of sources -- an individual, a family or a corporation. Because of their endowments, they are focused primarily on grantmaking and generally do not raise funds or seek public financial support the way public charities (like community foundations) must.
“Private foundation” is the umbrella term that includes corporate, independent, family, and operating foundations. As of 2011, there were 73,764 private foundations in the United States (Foundation Center, 2011).
In 2011, private foundations held more than $604 billion in assets and gave away more than $45 billion (Foundation Center, 2011).
Below is everything on our site for private foundations. You can use the filtering options on the right to narrow these results.
2016 Global Philanthropy Dinner - Uprooted Communities: Our Global Migration Challenge
The 2016 Annual Global Philanthropy Dinner will provide a space for conference attendees to meet and connect before the full conference begins on Sunday. Dinner will feature a number of leading experts who will discuss how the global migration challenge is impacting communities around the world, the root causes and challenges that have led to growing migration flows, and what role philanthropy can play when responding to this crisis.
The panel discussion will feature:
This webinar was postponed but will be rescheduled. Check back here for updates.
Modern life is full of data—a lot of data. Sometimes it feels simply overwhelming. And that’s especially true in the philanthropic sector. It can feel like our work is simply an endless string of profiles, templates, accounts, applications, and reports. If we aren’t thoughtful about it, the flow of data in philanthropy could be a barrier to effectiveness instead of a way to amplify our impact.
This Quarterly Member Update focuses on two major bodies of work. During the first portion of the update, conversation will focus on the Council’s public policy Guideposts, which are the framework for our policy work. These Guideposts have informed the development of the 2016 Philanthropy Platform, and are previewed during the discussion.
In this week's Washington Snapshot:
Storytelling is a powerful way to broadly engage a community and hear from voices that often go unheard. Hear how storytelling has brought residents together, bridged long-standing divides, and ultimately helped community foundations make positive, lasting, and meaningful impact.
The Council supports the President’s proposal to simplify the private foundation excise tax to a single flat rate. Together with our members, we have long argued that a single flat rate will simplify tax compliance, eliminate a substantial tax burden, and free up resources for increased community investments. While we support the goal of simplification, we would prefer to see a flat rate of one percent, the rate proposed in the bipartisan “America Gives More Act.”
In this week's Washington Snapshot:
- Ways & Means Working Toward Tax Reform;
- Primary Season is Officially Underway;
- Adding Scholarship Restriction for Renewal Purposes;
- Emerging State Issue: Turning to States to Solve the Impasse Over Obamacare.
Read all this and more, online now!
Today, the Council on Foundations and the U.S. Department of Housing and Urban Development (HUD) launched the 2016 HUD Secretary's Award for Public-Philanthropic Partnerships. HUD and the Council are seeking nominations from charitable foundations working with the public sector to improve the neighborhoods and the quality of life for low- and moderate-income residents.