Washington Snapshot - August 7, 2015
As a reminder to our readers, Washington Snapshot will be taking a break next week and the week of the 28th.
Activate in August
With many Members of Congress out of town and back home in their districts for the August recess, much of the action has shifted away from Washington and toward local…
Washington Snapshot - July 24, 2015
News from the Hill
Senate Finance Committee Markup of "Tax Extenders" Package
This Tuesday, the Senate Finance Committee convened to markup a bill that would renew 52 of the “tax extenders,” including the charitable provisions, for the 2015 and 2016 tax years. As our readers will recall, these…
Washington Snapshot - July 17, 2015
News from the Hill
The Council Visits the Hill
This past Monday, July 13th, representatives from the Community Foundations National Standards Board (CFNSB) and the Council’s Public Policy and Legal Affairs Team met with congressional staff from the House Ways and Means Committee, the Senate Finance…
Washington Snapshot - July 10, 2015
News from the Hill
Senate Tax Reform Working Groups Release Reports
The Senate Tax Reform Working Groups released their reports this week. The five groups were organized by Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) to assess needs and priorities for future tax code reform.…
Washington Snapshot - June 19, 2015
Leaders in the Field Speak Out
Philanthropic Sector Unites to Challenge Skeptic
The Council and other sector leaders have been responding to a New York Times opinion piece written by David Callahan, who offers some misguided views of the charitable sector. In a response published by the New York…
Washington Snapshot - June 12, 2015
News from the Hill
Tax Reform Work Still Ongoing, McConnell Says
This week, Senate Majority Leader Mitch McConnell (R-KY) expressed his doubts that comprehensive tax reform will occur in the next two years. However, McConnell emphasized that even without comprehensive reform, Congress will still…
Washington Snapshot - May 29, 2015
Global Policy Update
This past Wednesday, the Council on Foundations and the International Center for Not-for-Profit Law (ICNL) hosted a conference call on China's Draft Law on Management of Overseas NGOs and its potential impact on U.S. funders and other organizations working in and with China.…
Washington Snapshot - May 15, 2015
News from the Hill
America Gives More Act Setback
Yesterday, the Senate passed two trade bills by replacing the language of H.R. 644, the America Gives More Act, with trade provisions. This legislative practice of taking a bill that has passed one chamber, gutting the language and replacing with a…
Washington Snapshot - May 1, 2015
Call to Action!
We need you — foundation leaders on the ground in your communities — to reach out to your Senators today and encourage them to support community investments now. As a constituent, your voice is invaluable!
You can send an email to your Senators to urge the Senate Finance Committee…
Washington Snapshot - April 17, 2015
News from the Hill
Yesterday, the House of Representatives passed a bill that would exempt donations to 501(c)(4)s, (5)s, and (6)s from the gift tax. As POLITICO points out, this would exempt a broad category of political organizations from the gift tax.
Current law is ambiguous on whether donors…
Washington Snapshot - April 10, 2015
The Council’s legal team advised that a donor advised fund may make a distribution to another donor advised fund, without limitation and without the need to exercise expenditure responsibility. The technical explanation for the Pension Protection Act explicitly states: “A taxable distribution does…
Washington Snapshot - March 27, 2015
News from the Hill
As a reminder, the issues that impact charitable organizations and individual donors fall within the “business” and “individual” working groups. The business working group, which will address tax provisions that impact the business and operations of charitable organizations, is…
Washington Snapshot - January 30, 2015
House to Take Up Charitable Bills
McCarthy's Memo Gives Signals
According to a memo that House Majority Leader Kevin McCarthy (R-CA-23) circulated this week, the House is anitcipated to introduce and markup bills on the three charitable tax extenders: the IRA charitable rollover, enhanced…
Washington Snapshot - October 31, 2014
Election Day is next Tuesday, November 4th. Get out the vote!
News from the Hill
Homestretch on The America Gives More Act
The midterm elections are here, which means Congress returns to D.C. in less than 2 weeks. After they return on November 12, your members of Congress will only have about…
Washington Snapshot - September 12, 2014
Foundations to Senate: Vote on the America Gives More Act
Contact your Senators Today
Congress returned to D.C. this week, which means it’s time for a final push to get your Senators to take action on the America Gives More Act (H.R. 4719). After this week, your lawmakers will be in D.C. for merely…
Washington Snapshot - September 5, 2014
Foundations to Senate: Vote on the America Gives More Act
Contact your Senators Today
Congress returned to D.C. this week, which means it’s time for a final push to get your Senators to take action on the America Gives More Act (H.R. 4719). After this week, your lawmakers will be in D.C. for merely…
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