Washington Snapshot - April 15, 2016
News from the Hill
IRA Charitable Rollover Bill Introduced in House
Congressman George Holding (R-NC) introduced the Grow Philanthropy Act (H.R.4709) this week. This bill proposes an expansion of the IRA charitable rollover provision to allow for distributions to donor advised funds (DAFs).
In…
Washington Snapshot - April 1, 2016
News from the Hill
House Tax Policy Subcommittee to Hold Next Tax Reform Hearing
Chairman of the House Ways and Means Tax Policy Subcommittee Charles Boustany (R-LA) announced this week that the series of hearings on tax reform will continue, with the next hearing scheduled for Wednesday, April…
Washington Snapshot - March 4, 2016
News from the Hill
Congress Grows More Skeptical of Universities
This Wednesday, the Ways and Means Oversight Committee held a hearing entitled: Protecting the Free Exchange of Ideas on College Campuses. Though the motivation for this hearing perhaps stemmed from previously expressed skepticism…
Washington Snapshot - January 29, 2016
Dear Readers: The predictions of the DC area being buried in snow that we noted in last week’s Snapshot turned out to be very accurate! Despite the federal government being closed on Monday and Tuesday, that didn’t stop some Washingtonians from enjoying a day on Capitol Hill…
News from the Hill…
Washington Snapshot - January 8, 2016
Executive & Regulatory News
Treasury, IRS Withdraw Proposed Rule for Gift Substantiation
Yesterday, the Treasury Department and the IRS announced it has withdrawn the proposed rule that would have created an alternative way for charitable organizations to acknowledge and substantiate gifts…
Washington Snapshot - December 11, 2015
News from the Hill
Extender Negotiations Coming Down to the Wire
Make Your Voice Heard! Despite efforts to pass a “tax extenders” package with a federal spending bill by today’s deadline, negotiations between Congressional Democrats and Republicans reached a stalemate—forcing the passage of…
Washington Snapshot - December 4, 2015
Take Action Now on Extenders
Hundreds of thousands heard the message!
Yesterday marked the kickoff in a series of days over the next three weeks when the Council and our colleagues in the field will commit 5 minutes for philanthropy, and connect with Members of Congress about reinstating the…
Washington Snapshot - November 20, 2015
Washington Snapshot will be going dark next week in recognition of the Thanksgiving holiday. We wish our readers a happy and peaceful holiday with family and friends. Snapshot will return on Friday, December 4th.
Urge Congress to Make Charitable Tax Extenders Permanent
The IRA Charitable Rollover…
Washington Snapshot - November 13, 2015
Don't Miss Out on Community Foundation Week!
Yesterday marked the first day of Community Foundation week! CF week has been celebrated every November 12th-18th since 1989 to raise awareness of the critical role of community philanthropy in supporting thriving communities across the country.
In…
Washington Snapshot - November 6, 2015
Community Foundation Week Starts Next Thursday
Next Thursday, November 12th marks the beginning of Community Foundation week! CF week has been celebrated every November 12th-18th since 1989 to raise awareness of the critical role of community philanthropy in supporting thriving communities across…
Washington Snapshot - October 30, 2015
News from the Hill
Ryan is Elected Speaker of the House
Yesterday afternoon, Representative Paul Ryan (R-WI-1) was elected as the next Speaker of the House. This marks the conclusion of a month-long process for the GOP to select a viable candidate for this position.
With Ryan’s ascension to the…
Washington Snapshot - October 23, 2015
News from the Hill
Nonprofit Leaders Urge Congress to Act on Extenders
On Wednesday, the Council on Foundations and Independent Sector organized a briefing with the House and Senate Philanthropy Caucuses on Capitol Hill to urge Congress to take immediate action on making permanent the three…
Washington Snapshot - October 9, 2015
News from the Hill
Who will be the Next Speaker of the House?
Yesterday, in a significant and surprising move, the leading Republican to replace John Boehner as House Speaker, Rep. Kevin McCarthy (R-CA-23), announced that he was withdrawing his candidacy for the position. This has caused…
Washington Snapshot - October 2, 2015
Breaking News: Secretary Duncan to Step Down
Just today, U.S. Department of Education Secretary Arne Duncan announced that he will be stepping down in December from the position, which he has held since the beginning of the Obama Administration in 2009.
It is expected that President Obama will…
Washington Snapshot - September 18, 2015
Executive & Regulatory News
New Guidance on Mission-Related Investing
This week, the Treasury Department released long-awaited guidance on mission-related investments (MRIs), which the Council requested this year in our 2015-16 Treasury Priority Guidance Plan comments. The Council, along with…
Washington Snapshot - September 11, 2015
In remembrance of the 9/11 attacks that occurred 14 years ago today, the Council would like to take a moment to extend our thoughts to all those who were affected by the tragic events of that day.
News from the Hill
Sen. Grassley Maintains His Skepticism of DAFs
In an interview with the Chronicle…