This white paper provides a review of critical governance issues that foundations must consider to remain in compliance with prevailing and emerging laws and regulations.
As a benefit of membership, the Council on Foundations attorneys and legal staff provide information and education to Council members regarding a variety of topics related to foundation operations and legal compliance. All information on this website, and all publications, articles, e-mail correspondence and telephone consultations provided by Council attorneys and legal staff are intended for informational purposes only and not as part of an attorney-client relationship. Council attorneys are not licensed in every state and cannot provide legal representation. The information is not a substitute for expert legal, tax or other professional advice tailored to your specific circumstances, and may not be relied upon for the purposes of avoiding any penalties that may be imposed under the Internal Revenue Code.
Community Foundation Week (#CFWeek) is a prime opportunity to highlight the critical role of community philanthropy in supporting a thriving local community.
Council analysis of IRS definition for charitable purpose of donor advised funds.
The Council has six full-time attorneys with a breadth of experience on staff. This team of experts is a valuable resource to Council members, and is available to provide information on a wide range of topics that impact foundation operations.
The Council actively asserts its leadership role in the global policy space to ensure a positive regulatory environment for global philanthropy.
The Council on Foundations supports mandatory electronic filing of Form 990s and publicly-available data about the nonprofit sector, while cautioning lawmakers to involve nonprofits in implementation and ensure adequate data protection.
The National Standards for Community Foundations online application has been live in beta testing since January- how is it going? What feedback has been received?
Advocacy and engagement with lawmakers is an essential part of preserving and strengthening philanthropy.
The Council has concerns about proposals in recent years that would expand the scope of the unrelated business income tax.
As part of COF’s global philanthropy program, this members-only teleconference provided an overview on policy developments in Mexico that are impacting the flow of U.S. philanthropy into the country.