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 week's This Week at the Council, you'll find:

Today, the House Ways and Means Committee met to markup several important bills focused on the charitable sector. One bill would make the charitable “tax extenders”—including the IRA charitable rollover—permanent law. Another would simplify the private foundation excise tax on investment income to a single rate of 1%. The Council has already expressed support for both of these measures. All five bills were passed out of the Committee and will now face a full House of Representatives vote.

The following infographic was prepared by Mark Neithercut, of Neithercut Philanthropy Advisors. You can also see his earlier graphic, Six Misconceptions About Family Foundations.

What was your life path that led you to philanthropy?
What do you count as your biggest accomplishment in this field?
Can you describe the greatest obstacle you have had to overcome in your career?

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

In this week's Washington Snapshot, you'll find:

On May 20th, Congressman Erik Paulsen (R-MN-3) introduced H.R. 4691, a bill that would simplify the private foundation excise tax to a flat rate of 1 percent—a position the Council has long supported. The bill is co-sponsored by Congressman Danny Davis (D-IL-7).  Council President and CEO, Vikki Spruill, made the following statement in support of this important legislation:
 

In this week's edition of Washington Snapshot, you'll find:

Democratic Practice