Private Operating Foundations

Operating foundations are private foundations that use the bulk of their income to provide charitable services or to run charitable programs of their own. They make few, if any, grants to outside organizations. To qualify as an operating foundation, specific rules, in addition to the applicable rules for private foundations, must be followed.

Below is everything on our site for private operating foundations. You can use the filtering options on the right to narrow these results.

In this issue:

  • Philanthropy Leaders Converge on D.C. for Philanthropy Week
  • President Obama Releases FY 2015 Budget
  • Chairman Camp's Tax Reform Bill
  • Lois Lerner Pleads the Fifth, Havoc Erupts
  • Social Impact Bonds Issue Briefs

Read this issue!

In This Week at the Council, you'll find:

  • Philanthropy Week at the Council
  • Twitter Chat
  • Improving Social Impact Finance
  • Take Part in the Columbus Survey
  • Tweet of the Week

Find all of this and more in this weeks issue!

3 Ways to Bring Philanthropy Week to Your Community

Right now, over 200 leaders from across the philanthropic sector are uniting in Washington, D.C. to tell their lawmakers that thriving philanthropy builds thriving communities. As lawmakers contemplate comprehensive tax reform, individual changes to the tax code and the President’s FY2015 budget, we must ensure Washington understands that tax policy matters to philanthropy.

President Obama unveiled his Fiscal Year 2015 Budget yesterday, which sets forth the Administration’s spending and policy priorities for the coming year. The Budget presents a fiscal plan oriented around three White House priorities: accelerating economic growth, expanding opportunity for all Americans, and reducing deficits. To cover the cost of these proposals, the Administration seeks to close certain “tax loopholes” it views as providing particular benefit to the wealthy, such as the carried interest deduction.

Working in collaboration with the Center for American Progress, the Council co-hosted conversations among foundations, community development financial institutions, and investment firms about social impact bonds and Pay for Success. Out of these conversations, two issue briefs were created:

In this issue:

  • Chairman Camp Releases Tax Reform Proposal
  • Philanthropy Week Update
  • Council Submits Comments on Proposed 501(c)(4) Regulations
  • President highlights foundations' investments in My Brother's Keeper initiative announcement
  • State Activity

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In this week's This Week at the Council, you'll read about:

  • Tax Policy Debate Heats Up
  • Philanthropy Week in Washington Final Preparations
  • Council Responds to Chairman Camp
  • Council to IRS: 501(c)(4) Rules Go Too Far
  • Twitter Chat on Friday, March 7, 12pm
  • Private Foundation Investment Study

Check it out now for all the details!

As President Obama presents his proposed budget and as Congress considers comprehensive tax reform, proposed policy changes could have a significant – and potentially harmful – impact on philanthropy’s effectiveness. That’s why the Council on Foundations is pleased to welcome nearly 150 leaders from throughout the philanthropic sector for the first annual Philanthropy Week in Washington March 3-7, 2014.

This afternoon Congressman Dave Camp (R-MI-4), Chairman of the House Ways and Means Committee, released a comprehensive plan to reform the individual and corporate tax codes. Find details of the proposed bill here:

Executive Summary

Summary of Bill

In this week's issue:

  • Senate Philanthropy Caucus Briefing During Philanthropy Week
  • Camp tax reform plan expected next week
  • More tax extenders buzz
  • Polarized views on IRS political activity rules
  • IRS 2013 Changes to Form 990-PF
  • State Activity

Read the full issue today!