Rob Collier, President/CEO of the Council of Michigan Foundations, submitted written testimony on behalf of the Council on Foundations to a hearing of the U.S. House Ways and Means Committee Subcommittee on Select Revenue Measures, regarding the importance of reauthorizing the IRA charitable rollover provision, making it applicable for 2012. The provision was originally authorized as part of the 2006 Pension Protection Act and has been reauthorized in each subsequent year. The provision for the IRA rollover expired on December 31, 2011. To date, Congress has not extended the provision for 2012.

Read the Council on Foundation’s Issue Paper on Expanding and Extending the IRA Charitable Rollover.

Philanthropy in Session: Conversations on the Hill is a series of informational briefings hosted by the Council on Foundations on Capitol Hill for educating members of Congress about the role of philanthropy in society.

Download statistics on philanthropy in your state, including: number of foundations; asset sizes and giving amounts for top foundations; and the state's national rank in foundation giving.