Public Foundations

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.

In this issue:

  • Council President Responds to Critical New York Times Op-Ed
  • Senate Democrats host Council President for Conversation
  • Thune-Wyden Letter on the Charitable Deduction
  • Budget Agreement Reached
  • Tax Policy Happenings
  • IRS Nominee Promises to Investigate Nonprofit Fraud
  • Trending Critique of Nonprofits and Philanthropy

Read this issue.

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Certain definitions are defined by law.

The Council has actively supported extending and expanding the IRA charitable rollover since its inclusion in The Pension Protection Act of 2006 (PPA). As of June, 2015, the IRA charitable rollover is not yet available for 2015 gifts. Congress has not extended the provision past 2014, though the Council is aggressively advocating for the provision to be passed quickly into permanent law to eliminate the need for annual extensions.

On November 20, in conjunction with the Charitable Giving Coalition’sProtect Giving Day,” Senators John Thune (R-SD) and Ron Wyden (D-OR) issued a letter in full support of the charitable deduction. This letter is a perfect example of the growing bipartisan support for preserving the full value of the charitable deduction.

A factsheet on disability from the Disability Funders Network.

From The Chicago Community Trust, this white paper challenges all of us with a set of thoughtful recommendations to realize our promise for the full inclusion of people with disabilities in our communities, our schools and our workplaces.

From The Chicago Community Trust, this guide is for all nonprofit organizations that share The Chicago Community Trust's commitment to diversity:

Audits are everywhere these days. Consider: