Council News

Thursday, April 28, 2016

The Council on Foundations is pleased to announce the four new members of its board of directors, each of whom will serve for three years. Elected at the Council’s 2016 annual conference on April 11, Tony Mestres, the president and CEO of The Seattle Foundation, Jamie Merisotis, the president and CEO of the Lumina Foundation, Tonya Allen, the president and CEO of The Skillman Foundation, and R. Randall Royster, the president and CEO of the Albuquerque Community Foundation, join the Council’s 17-member board. Stephanie Bell-Rose, senior managing director and head of the TIAA Institute, will serve for a second three-year term.

Wednesday, April 27, 2016

Hazle Hamilton Elected President of the Community Foundations National Standards Board

Tuesday, April 12, 2016

The Philanthropy-Joining Forces Impact Pledge today announced $7 million in new investments to strengthen services and support for millions of veterans and military families across the United States. With their commitments, PwC Charitable Foundation, Inc., Orange County Community Foundation, and CarMax and The CarMax Foundation join the 32 philanthropic organizations and corporations that have pledged since 2014. Through grants and other forms of support, nearly $283 million has been committed in the Impact Pledge to date.

RE:Philanthropy Blog

Friday, April 29, 2016 - 1:04pm

This is the Council on Foundations team reporting from the 33rd Annual Representing and Managing Tax-Exempt Organizations Conference. This conference is the best-attended EO conference in the United States, and we are thrilled to see so many of our members and colleagues here.

Tuesday, April 26, 2016 - 5:14pm

I have attended a lot of conferences over the years and have always felt driven to go to as many sessions as possible, to gather information and knowledge to bring back to my colleagues at the Maine Community Foundation. This time around was no different: I set out to get the latest on National Standards, to explore issues related to endowed philanthropy, to learn how community foundations and United Ways can do more together.

Monday, April 18, 2016 - 4:09pm

Earthquakes rocked Ecuador, Japan, and Myanmar this past weekend, affecting thousands, and reminding all of us how vulnerable communities are to external disaster shocks. There are several opportunities for philanthropy to respond.

Washington Snapshot

In this week's Washington Snapshot: New PRI Regulations Released by Treasury; Senate Finance Committee to Hold Hearing on Tax Reform; Artist-Museum Partnership Bill Introduced in the House; More Legislative Activity in the House; Council Represents U.S. Philanthropy in Vienna; China to Review International NGO Legislation; Related Use Rule: To Accept Johnny Cash Artwork, Foundation Must "Walk the Line"; State Budget Crises Spawn Bad Policy Proposals; and more!
Last summer, the Treasury Department announced their intention to finalize new regulations for program-related investments (PRIs). This week, it published nine new examples of permissible PRIs. Treasury responded to continued requests of the philanthropic community, which recognized that the existing regulations did not represent the full diversity of investment opportunities available to foundations. The Council on Foundations, with the Council of Michigan Foundations, Mission Investors Exchange, the National Advisory Board on Impact Investing, and others, provided input on the new regulations.
In this week's Washington Snapshot: Annual Conference & Philanthropy Week Highlights; IRA Charitable Rollover Bill Introduced in House; Ways & Means Tax Policy Committee Holds Second Tax Reform Hearing; Clarifying Permissible Distributions for IRA Charitable Rollover; Constitutional Liberties at Risk in States; D5 Coalition Co-Chairs Share Update on Diversity in the Sector; White House Hosts Council Members for Roundtable on Outcomes and Evidence; and more!

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