In this Week's Edition of Snapshot: Ways & Means to hold hearing on changes to committee rules; Senate sets deadline to repeal ACA, move closer to tax reform; Treasury requests input on guidance for tax-exempt leases; How Philanthropic is the Trump Cabinet?; in the States - State legislatures face growing revenue and budget challenges; interview - 5 questions with our Executive VP for External Affairs.
In this Week's Edition of Snapshot: Tuesday kicked off the 115th Congress; the proverbial ball is officially rolling toward tax reform; House and Senate tax-writing committees welcome new members; in the States - NY and DC take action on minimum wage and paid family leave; opinion - nonprofits should push for smart public policy.
A great example of a foundation that has already been active in reaching out to their members in the 115th Congress is the Adirondack Foundation. Click here to see their example of a letter to the Congresswoman representing their district!
In this week's Washington Snapshot: The Council Speaks Out on the Value of DAFs; Representative Reichert Looking to Encourage Philanthropy; Foundation Events, Elections and Political Campaign Activity; Michigan Moves Towards Clarifying Property Tax Exemption Standards; Action in the States on Minimum Wage; Declining State Revenues Leading to Spending Cuts; and more!
In this week’s edition of Trending in Legal Affairs, the legal team explains foundation events, elections, and political campaign activity.
In this week's Washington Snapshot: Update on Republican Blueprint for Tax Reform; Council Submits Letter to Treasury on Forthcoming DAF Regulations; HUD Proposes New Elevation Requirements in Flood Prone Communities; New Updates on China's Overseas NGO Law and Conference Call This Week; Halloween Edition: Exorcising Expenditure Responsibility; New Report Examines Charitable Deduction for Non-itemizers; and more!
This letter provides input regarding forthcoming regulations on DAFs, specifically (1) the termination of private foundations into DAFs, and (2) whether recipients of grants from DAFs may treat such grants as public support to qualify for public charity status. These are important issues to our members, and we urge the Treasury Department and the Internal Revenue Service to proceed thoughtfully when drafting regulations.
In this week's Washington Snapshot: Dynamic Scoring Released for Clinton, Trump Tax Plans; Treasury Department Eases Restrictions on Grantmaking to Cuba; HUD Lifts Up Philanthropic, International Partnerships; Princeton Settles Property Tax Challenge, Legislation Continues; Proposed Changes from the Clinton Foundation; Nonprofits Need Representation; and more!
The Charitable Giving Coalition (CGC) urged Donald Trump and Hillary Clinton, the major party nominees for President of the United States, to support the full preservation of the charitable deduction in a letter the coalition sent to the candidates this week.