The Council opposes any policy proposal that would eliminate types of supporting organizations and reduce the variety and flexibility of charitable giving tools available to foundations and donors alike.
In-Depth knowledge on Supporting Organizations
The policy issues that impact philanthropy are wide-ranging.
Should your supporting organization change its status to an independent public charity.
Definition of all types of supporting organizations and requirements for each under PPA.
The legal and tax implications for community foundations accepting donations from private foundations, and qualifying distributions of taxable expenditures.
On December 28, 2012, the Treasury Department and IRS issued final and temporary regulations on Type III supporting organizations.