A proposed rule by the IRS would allow charities to file an additional information return by February 28th each year that includes taxpayer identification information for donors who contribute $250 or more, and provide a copy of the return to these donors in lieu of a contemporaneous written acknowledgment. The Council believes this rule is problematic, and submitted comments to the Treasury Department voicing our concerns. Notably, these comments reflected concern for 1) the administrative burden this process would place on charitable organizations to collect this information from donors, 2) the privacy of donors’ sensitive information, 3) the deterrent effect this could have on charities’ relationships with their donors, and 4) the “slippery slope” it poses to evolve from an optional method to a mandatory requirement.
In this week's Washington Snapshot: Extender Negotiations Coming Down to the Wire; CRS Releases New Report on Endowments; Comments for IRS Gift Substantiation Proposal Due Soon; New Jersey Tax Challenge Heard 'Round the Country; Oregon Op-Ed Explains Why Charitable Giving Incentives are Important; and more!
In this week's Washington Snapshot: Take Action Now on Extenders; Bill Introduced to Simplify Car Donations; Comments for IRS Gift Substantiation Proposal Due Soon; Update on Financial Action Task Force (FATF); Donor Initiated Funding and the Public Support Test; Governors Order Nonprofits to Deny Services to Syrian Refugees; Domestic Philanthropy and Sustainable Development Goals; White House Briefing on Syrian Refugee Crisis; and more!
Sessions for the Pennsylvania Philanthropy Conference taking place January 25-26, 2016.
Join the Council for a quick 30-minute update on end-of-year congressional activity that will impact your work. Hear the latest on the state of play from our seasoned Capitol Hill consultants, and learn how you can take action on the charitable “tax extenders,” including the IRA Charitable Rollover, through our 5 Minutes for Philanthropy advocacy campaign.
In this week's Washington Snapshot: Urge Congress to Make Charitable Tax Extenders Permanent; New PRI Bill Introduced in Senate; Ways & Means Subcommittees; Input Needed: Council Comments on IRS Gift Substantiation Proposal; FATF Seeks Comments from Nonprofits; State Budget Challenges Continue, Worsen; Community Foundation Week Highlights; DC Bar Event on Private Foundation Rules; and more!
Immigration reform is a hot topic on the national scene as the 2016 presidential election looms. While no consensus legislation has emerged on Capitol Hill to date, our guests discuss how funders can play a role in educating federal, State, and local policymakers on the impacts of pro and con policies. They also discussed how the presidential candidates' posturing is likely (or not) to impact national policy and when. Get an update about federal Executive Branch actions being taken to implement the President's 2014 Executive Order. Hear a rack up of State and local government actions on pro-immigrant expansion efforts. Explore what funders can do to promote sensible policies that insure fair treatment of immigrants and their families.
In this week's Washington Snapshot: Don't Miss out on Community Foundation Week; News from the Hill; Regulatory News; Happening Around the Globe; Trending in Legal Affairs; Happening in the States; Philanthropy News & Op-Eds; and more!
In this week's Washington Snapshot: Community Foundation Week Starts Next Thursday; News from the Hill; Regulatory News; Trending in Legal Affairs; Happening in the States; Philanthropy News & Op-Eds; and more!
The Healthy, Hunger-Free Act of 2010 authorizes funding for federal nutrition programs including: the national school lunch and breakfast program; the nutrition program for women, infants, and children; and other child and adult food care programs. This legislation expired on September 30 and the programs are currently under scrutiny by Congress. In this Policy Preview, the Food Research and Action Center will give an overview of Congressional deliberations and a prognosis for passage. Hear perspectives from peer grantmakers and experts about the importance of federal investment in child nutrition and how it will impact foundations' work on these issues.