The vote for Britain to exit the European Union took philanthropy and the rest of the world by surprise. But it raises tough new questions about how grant makers should respond to political and financial turmoil and uncertainty.
In this week's Washington Snapshot: Speaker Ryan Releases Tax Blueprint; Donor Disclosure Bill Passes House, Moves to Senate; New Jersey Considers Charitable Deduction, Property Tax Exemption Protection; Council President, Vice Board Chair, and Other Sector Leaders Pen Letter to the Editor; New Data on the State of Children's Well-Being Released; and more!
Join us for a webinar to discuss the importance of building relationships with elected officials and to learn more about how the Council is engaging to ensure the voice of philanthropy is heard during this elections process.
In this week's Washington Snapshot: Philanthropy Asks Congress to "Grow Philanthropy Now"; Learning Opportunity: How Broadband Access Supports Local Priorities; Summit Explores Potential of Pay-for-Success in Education; IRS Holds Meeting to Discuss Recommendations from the Sector; Giving USA Releases 2016 Report; and more!
In this week's Washington Snapshot: Senate Philanthropy Caucus Co-Chairs Encourage Colleagues to Join; Machine-Readable 990s to Become Available Next Week; Secretary Kerry Addresses Concerns with New Chinese Law; When to Use Which Fund; Unfunded State Liabilities are Driving Policy Challenges; and more!
In this week's Washington Snapshot: International Tax Reform Blueprint Forthcoming; Chairman Hatch Follows-up with Private Museums; FEMA Releases National Preparedness Report; DAFs & "Pledging" Allegiance to Donors; The Personal Side of State Budget Intransigence; and more!
In this week's Washington Snapshot: This Week in Tax Reform; Council on Location: The World Humanitarian Summit; “Industry Issue Resolution” Program Expanded to Include Tax-Exempt and Governmental Entities; Scholarships & Quid Pro Quos: Honoring Those Who Served Through a Writing Competition; Reversing the Trend on Tax-Exemption Challenges; Charitable Giving Needs to be Encouraged; and more!
In this week's Washington Snapshot: Department of Labor Publishes New Rule on Overtime Regulations; Council Submitted Comments on IRS Priority Guidance 2016-2017, Supporting Organizations; Senate Finance Committee Holds Hearing on Corporate Integration; Ways and Means to Hold Another Tax Reform Hearing; How to Properly Disclose IRS Form 990 to the Public; State Laws, Grants Impacted by Federal Overtime Changes; and more!
The Council submitted comments to the IRS on a proposed rule that outlined a handful of regulations for Type I and Type III supporting organizations.
On May 18, 2016, President Obama and Secretary Perez announced the publication of the Department of Labor’s final rule updating the overtime regulations. The Council has been following this issue closely and is here to help you understand how the changes could impact you and your organization.