Public Policy

Join the Council on Foundations on Tuesday, October 11, at 12pm ET for a special briefing on work at the Federal level to improve outcomes for children in need. Christine Calpin, Managing Director of Public Policy at Casey Family Programs, will highlight some current opportunities to improve Federal child welfare financing and policy.

In this week's Washington Snapshot: Voter Perceptions of the Charitable Sector; Formal Audit of Trump Foundation is Requested Amid Concerns of Self-Dealing; States File Lawsuit Against DOL to Challenge Overtime Rules; Election Day 2016: More than Presidential and Congressional Races; Government Grant/Contract Challenges Top List of Financial Professional Concerns; New Study on State Regulation and Enforcement in the Charitable Sector; Community Foundations Speak Out About New Rules; and more!

In this week's Washington Snapshot: Ways & Means Subcommittee Holds Hearing on University Endowments; Trump Shares Additional Insight into his Tax Plan; Senate Passes Bill to Improve Water Infrastructure; Koskinen Impeachment Hearing Postponed; DAFs: Appointed or Designated Advisors & Their Advisory Privilege; Voting Rights Under Attack in the States; Ford Foundation Moves to Integrate Disabilities into Inequality Focus; An Objective Comparison of the Clinton and Trump Foundations; and more!

In this week's Washington Snapshot: Chairman Roskam to Hold Another Hearing on University Endowments; Congress Must Address Spending Legislation Before Month Ends; Senator Wyden Releases Discussion Draft for RISE Act; States Face Mounting Deficits; Mississippi Empanels Tax and Spending Review Commission; Tax-Writing Chairmen and Ranking Members Pen Op-ed; NFL Team Makes $1 million Donation to Community Foundations; and more!

In this week's Washington Snapshot: Congressional Leaders Champion Social Investment; VA Report in the Spotlight this National Suicide Prevention Month; Corporate Foundations & Funding Talent Pipelines: An Act of Self-Dealing; Minnesota Cities Can't Tax Tax-Exempt Properties by Calling Assessments "Fees"; and more!

In this issue of Snapshot, you'll find: IRS Releases 2016-17 Priority Guidance Plan; FASB Releases New Accounting Standards for Nonprofits; HHS Resources to Address Health Crises in Your Community; So FATF Updated its Guidance: Now What?; Principles on New Funding Mechanisms Announced; Philanthropy Taking on Governments to Promote Nonprofits and Communities; Council Releases 2015 CCSF Report

In this issue of Washington Snapshot, you'll find: Your Lawmakers are in Their Home States and Districts!; White House to Host Broadband Summit; Charitable Trusts Available to More People Under New IRS Guidance; Scrutiny of Endowments, PILOTs Grow; UPDATE: Massachusetts Property Tax Exemption Preserved for Foundations, Nonprofits; #ReasonsForHope Campaign Reaches 90 Signatories

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!