For foundations that offer charitable remainder annuity trusts (CRATs), a new revenue procedure (Rev. Proc. 2016-41) offers a sample provision that may be included in the governing instrument of the trust (CRAT) and provides that the IRS will treat the sample provision as a qualified contingency within the meaning of § 664(f) of the Internal Revenue Code.
In this week's Washington Snapshot: Just Announced: Speakers for Upcoming Webinar; Universal Human Rights: What are We Sharing Across Borders?; DAFs, Incapacity & Powers of Attorney; Special Sessions Called to Address Unbalanced Budgets; Election-Year Nonpartisanship Under Scrutiny; Private Funding of Government Responsibilities on the Rise; and more!
In this week's Washington Snapshot: New Tax Leadership for Senate Finance Democrats; White House Highlights Data in Response to Recent Tragedies; Council Launches Sustainable Development Goals Report; A Fund to Restore a Historic Building; Nonprofits, Funders Oppose Massachusetts Property Tax Mandate; Philanthropy's Role in Serving the "Public" Interest; and more!
There is no doubt that the US is suffering from what feels like the unravelling of social order. Recent shootings in Louisiana, Minnesota, and Texas have heightened deep-seated tensions relating to race and criminal justice. The presidential election has felt more like a schoolyard brawl than democracy in action. And anger continues to grow among millions suffering from joblessness, poverty and disenfranchisement.
In this issue of Washington Snapshot, you'll find: Delayed Release for Hatch Corporate Integration Plan; IRS Publishes Regulations for 501(c)(4)s; Israel Passes Controversial New 'NGO Transparency Law'; The Legal Team is Available to Answer Members' Questions!; North Carolina Moves Toward Performance Assessments for State Programs
Learn more about the accredited community foundations who serve on the National Standards Advisory Committee.
In this Week's Washington Snapshot: Field Signals Support for Preserving DAFs; Bill to Restrict Foreign Contributions Introduced in House; New Survey Results on Impact of DOL Rules on Nonprofits; Trending in Legal Affairs: 'Til DAF Do Us Part, 2.0; Happening in the States: New Fiscal Year, Same Old State Fiscal Challenges
The Advocacy Toolkit is designed to be a central resource for Council members and others engaged in the philanthropic space to learn about why it is important—now more than ever—for philanthropy to have a voice in policy, how to effectively use advocacy and lobbying to advance your mission, what the most critical or priority "asks" are for the sector at any given time, and to better understand the key policy issues that are top-of-mind for our sector.
One of the toughest challenges with getting involved in advocacy is getting beyond that initial hurdle of making the case for why it is a strategic and important tool for pursuing your mission. Here are some questions you might anticipate to receive from your board members about advocacy, and suggested points to incorporate in your answers.
In this week's Washington Snapshot: Tax Blueprint Proposes Ideas that Could Impact Charitable Giving; Pay-for-Success Bill Advances from House; FATF Approves Changes to Recommendation 8; Scholarships Paid to Service Academies; Council President Pens Op-Ed on Philanthropy's Role Following 'Brexit'; and more!