IRS

In this week's Washington Snapshot: Community Foundation Week Starts Next Thursday; News from the Hill; Regulatory News; Trending in Legal Affairs; 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.

In this week's Washington Snapshot: News from the Hill; Regulatory News; Trending in Legal Affairs; Happening in the States; Philanthropy News & Op-Eds; Council Hosts Nonprofit Media Luncheon; and more!

In this week's Washington Snapshot: Nonprofit Media Event; Activate in August; News from the Hill; Regulatory News; Trending in Legal Affairs; Happening in the States; Happening Around the Globe; Philanthropy News & Op-Eds; and more!