Council News

Thursday, October 1, 2015

On September 25th at the United Nations, 193 countries ratified the Sustainable Development Goals, a set of global targets that will serve as a new global framework for how governments, philanthropy, non-profits, and the private sector can work together to address challenges all of us and the communities we serve face on a local and global scale. Council staff and I have been participating in conversations about achieving these goals and philanthropy’s critical role in this endeavor. My recent op-ed in the Chronicle of Philanthropy last week underscored this point.

Friday, September 11, 2015

There are three upcoming opportunities for funders to learn about the European refugee situation and develop strategies for responding to it.

Thursday, August 27, 2015

Data gathered from 244 private and community foundations participating in the 2014 Council on Foundations–Commonfund Study of Investment of Endowments for Private and Community FoundationsTM (CCSF) show that the 142 private foundations participating in the study reported an average return of 6.1 percent for the 2014 fiscal year (January 1 – December 31, 2014), down from the 15.6 percent return reported for FY2013, while the 102 participating community foundations reported an average return of 4.8 percent for FY2014 compared to last year’s average return of 15.2 percent.

RE:Philanthropy Blog

Wednesday, October 7, 2015 - 4:00pm

Community foundations are, by title and definition, about community. So when the time came for us to celebrate the 90th anniversary of the Hartford Foundation for Public Giving, we agreed: our celebration had to be for, from and about the community.

Thursday, October 1, 2015 - 12:26pm

In philanthropy we’ve long known that we play a unique role by addressing society’s most pressing challenges at their root. Our work is distinct from charity – focused less on meeting immediate needs and more on tackling the underlying causes. And we’re well positioned to take risks to figure out what strategies work best to solve social problems, something that companies and other players beholden to greater political and consumer pressures can’t always do.

Wednesday, September 23, 2015 - 11:00am

Important issues are rarely black and white. This is all the more true when you are talking about the United States Tax Code. Though hardly colorful, the volumes of statute, regulations, rulings, guidance, and discussion that flow from Congress, the Treasury Department, and the IRS can tax the interpretive skills of even the most knowledgeable readers.

Washington Snapshot

In this week's Washington Snapshot: Duncan to Step Down; News from the Hill; Regulatory News; Trending in Legal Affairs; Happening in the States; Philanthropy News & Op-Eds; and more!
In this week's Washington Snapshot: Boehner to Retire; News from the Hill; Regulatory News; Happening in the States; Philanthropy News & Op-Eds; and more!
In 2012, the Department of Treasury and the IRS issued proposed regulations applicable to private foundations seeking to make grants to foreign organizations using equivalency determinations. At the time, the Council submitted comments in support of the rules, and urged Treasury and the IRS to consider making additional clarifications to the rules that apply to international grantmaking. Today, Treasury and the IRS published a final version of these rules in the Federal Register. The final regulations take up many of the issues that the Council has asked Treasury to address for years in an effort to reduce barriers to global grantmaking for foundations. We commend Treasury for finalizing these rules.