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 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!

In this week's Washington Snapshot:

  • Hatch's Tax Reform Plan Could Impact Nonprofits;
  • First Ways & Means Hearing of the Year Rescheduled;
  • Contributing Trustee Compensation to a DAF;
  • The Year Opens with State Budget Challenges and Opportunities;
  • Op-Ed Calls for the Sector to Strive for Increased Charitable Giving.

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Also viewable on LinkedIn Pulse.

Recently, I saw the power of what happens when you put a few dozen foundation CEOs in a room together to discuss the future. They generate as many questions for each other as answers, and, as the head of the Council on Foundations, I’d say that’s a great thing for the communities philanthropy serves. After all, learning and leading together is how lasting solutions are made.

In this week's Washington Snapshot:

  • Upcoming Ways & Means Hearing Will Address Tax Reform;
  • New Changes to IRS Advisory Committee on Exempt Organizations;
  • Update: New Jersey Hospital Property Tax Remains in Flux;
  • Illinois Leading Efforts to Implement Federal Grants Reform;
  • Philanthropy is Projected to Increase in 2016 and 2017.

Read all this and more, online now!

In this week's Washington Snapshot:

  • POTUS Delivers his Final State of the Union Address;
  • Brady Expresses Intent to Take on Tax Reform;
  • Reed to Introduce Bill on University Endowment Spending;
  • Property Tax Exemptions in Flux.

Read all this and more, online now!

In this week's Washington Snapshot:

  • Treasury, IRS Withdraw Proposed Rule for Gift Substantiation;
  • DAFs & Child Sponsorship to Charities;
  • State Policy Action in 2015 Predicts Focus Areas in 2016;
  • Update on Financial Action Task Force (FATF);
  • National Taxpayer Advocate Names 1023-EZ Third Most Serious Problem.

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Today we celebrate a major victory for community foundations and your donors.

The charitable “tax extenders” are no longer “extenders” that must be reinstated each year, but have become a permanent part of our tax code. In a historic vote, Congress passed the IRA Charitable Rollover into permanent law, making it available to donors and charities for the foreseeable future.

In this week's Washington Snapshot:

  • Senate Passes Permanent IRA Charitable Rollover;
  • Council Submits Comments on IRS Gift Substantiation Proposal;
  • Omnibus Blocks IRS Political Activity Rulemaking;
  • FASB votes to Revise Nonprofit Presentation of Cash Flows;
  • DAFs, IRAs, & BFFs;
  • Pay For Success Programs Offer "No Free Lunch."

Read all this and more, online now!