On May 30, David Callahan, editor of Inside Philanthropy, published a short-sighted opinion piece on philanthropy in the New York Times. Given its reach, the Council believed that the piece warranted a strong and united response.
Public foundations are grantmaking public charities that gain their funds from a variety of sources, which may include foundations, individuals, corporations, or public entities. Public foundations may engage in fundraising, and may seek broad public financial support. They may or may not have endowments. There is no legal definition of a public foundation, but most dedicate a significant portion of their annual budgets to grantmaking. Most community foundations are also grantmaking public charities.
Since public foundations may be defined in different ways, and there is no official IRS or legal definition of public foundations, it is difficult to arrive at statistics that are fully representative of the field.
Below is everything on our site for public foundations. You can use the filtering options on the right to narrow these results.
The 2015 Grantmakers Salary and Benefits Survey is now open. The survey collects information on benefits policies and practices, as well as compensation data for 35 positions at community, corporate, private, public, and operating foundations.
The Philanthropy-Joining Forces Impact Pledge today announced more than $106 million in new commitments to strengthen services and support for millions of veterans and military families throughout America. Six new grantmakers joined more than 30 philanthropic organizations and corporations that made the Impact Pledge since 2014.
Since last year’s Impact Pledge announcement of $170,000,000, an additional $106,225,000 has been committed (both cash and in-kind), bringing the total to $276,225,000. These new Impact Pledge members include:
The Council on Foundations applauds Senator Chuck Schumer (D-NY) for introducing The Public Good IRA Rollover Act of 2015 (S.1159). This measure would make permanent and expand the IRA charitable rollover, a valuable incentive for Americans to contribute to charitable organizations across the country their mandatory distributions from IRA accounts. The Council is also grateful for Senator Susan Collins’ (R-ME) co-sponsorship and support.
The Council on Foundations wrote to the Department of Treasury and the Internal Revenue Service (IRS) this week 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 the agencies should address through regulations or revenue rulings, procedures, notices, and guidance throughout the upcoming year.
The Council on Foundations today announced the release of the 2014 Grantmakers Salary and Benefits Report, the most comprehensive information available on staff composition and compensation for U.S. foundations and corporate giving programs. Salary information is provided for 35 executive, professional and administrative positions, and the report allows grantmakers to compare compensation to that of their peers by foundation type, asset size, and region.
This legislation includes several important provisions that will help charitable and philanthropic organizations serving communities in every Congressional District across the country. Specifically, H.R. 644 would permanently enact three temporary and currently expired giving incentives – the IRA charitable rollover and enhanced incentives for the donations of food inventory and land conservation easements. The measure also simplifies the excise tax rate on private foundation investment income.
The Council on Foundations offices will be closed from December 25, 2014 - January 2, 2015. During this time, Council staff is available to assist our members with their time-sensitive needs. Please call our main number at 703-879-0600 and select "Membership" or e-mail us at email@example.com.
This afternoon, the United States House of Representatives failed to advance the Supporting America's Charities Act (H.R. 5806), a milestone bill that would have widely benefited philanthropy and charitable organizations across the country. The vote broke down along party lines, with 275 Members voting for the bill and 149 Democrats voting "no" on the grounds that the provisions are not offset with spending cuts elsewhere.
Joining Forces Impact Pledge organizers announced five new pledges to the Philanthropy Joining Forces Impact Pledge at an event at Intrepid Sea, Air and Space Museum last week. With the new commitments, a total of 35 participants have pledged more than $200 million over the next five years to support veterans and their families as they transition back into civilian life. The Blue Shield of California Foundation, Bristol-Myers Squibb Foundation, Robert R. McCormick Foundation, and Bob Woodruff Foundation hosted the event in conjunction with the White House Joining Forces initiative.