Friday, September 29, 2017 - 1:24pm
Tax practitioners love “safe harbors” or specific guidelines that can be followed to ensure a taxpayer or exempt organization is in compliance with applicable tax law. For charitable organizations making grants internationally, September 14, 2017 was a good day because the IRS issued Revenue Procedure 2017-53 updating previous guidance on foreign public charity equivalency determinations (“EDs”) and giving us several preferred practices related to the preparation and issuance of EDs.
Tuesday, September 26, 2017 - 3:30pm
Zero, in the context of a healthy world, is the most ambitious number of all. If the Millennium Development Goals (MDGs) were about making progress to achieve a healthy planet and people, the Sustainable Development Goals (SDGs) are about getting to zero, or as close to it as possible. The Global Goals agenda is about creating a world where no one goes hungry, no family lives in extreme poverty, no mother or child dies from preventable causes – and then keeping it that way.
Tuesday, September 19, 2017 - 3:00pm
It has been an eventful month with back to back hurricanes causing extensive damage in Florida,Texas, and the Caribbean. The Council has been in contact with community foundations in the affected areas to offer our thoughts and has set up some valuable resources which I am sharing in this issue. Also, this month you will find an array of exciting updates for this fall and a look ahead to what is in store in 2018 to help you plan learning opportunities, networking events, and gain new experiences to enrich the community foundation field. In addition, please find below quick tips and links associated with National Standards for the most commonly asked questions.
Thursday, September 7, 2017 - 1:37pm
Government, charities, and businesses are stepping up to respond to Hurricanes Harvey, Irma, and Jose. In the last week, a flood of new or updated resources were released just in time for National Preparedness Month. Here are some that the Council on Foundations is using to work with our members.
Tuesday, September 5, 2017 - 3:45pm
In 2016, women represented over three-quarters of foundation staff in the US but among the largest grantmakers,fewer than half of foundation CEOs were women. In the same year, racial and ethnic minorities made up only 10 per cent of foundation CEOs. Given these statistics alongside current political and social discourse on race and inequality in the US, American philanthropy is increasingly focusing on the themes of diversity, equity and inclusion – known in a sector addicted to abbreviations as ‘DEI’.
Wednesday, August 30, 2017 - 9:50am
When people think of the myriad of partnerships in which the Council engages, the Legal Team may not come first to mind. But the fact of the matter is, the Legal Team regularly engages with other organizations, particularly our regional partners, on behalf of the sector.
Friday, August 18, 2017 - 4:42pm
How poignant and timely that we gathered with HR professionals from around the country to explore what equity means to our foundations just as our nation is grappling with its own diversity conversation in the backdrop of the recent troubling events in Charlottesville, the latest in an increasingly racially-polarizing environment. In the Charlottesville incident, Heather Heyer was killed after a car plowed into counterprotesters of a white nationalism event.
Friday, August 18, 2017 - 10:05am
At the Council, we have seen a growing trend in community foundations of all sizes and geographies asking about how to make international grants, often from donor or corporate advised funds. Our latest publication is a new global philanthropy report with the Foundation Center—Local Communities with Global Reach: International Giving by U.S. Community Foundations. This report is the first-ever analysis of international giving by large U.S. community foundations and I think another example of disruption within our traditional community foundation model, as we found that community foundation global grantmaking has drastically increased in the last decade.
Thursday, August 17, 2017 - 10:00am
It’s no secret that the Council on Foundations is an incredible organization to work at. It’s a place filled with helpful, innovative, and brilliant staff and offers many opportunities and valuable experiences in the philanthropic sector. So, it’s no wonder that the interns who have previously worked at the Council have gone on to have distinguished career opportunities and look back on their time here with appreciation.
Tuesday, August 15, 2017 - 10:20am
This spring I traveled to Japan, where I had the opportunity to visit the Hosoo textile company in Kyoto. The company was founded in 1688 and has been passed down through 12 generations of the same family, still sitting on the same site. Formerly focused on textiles for traditional garments used in imperial households, the company has retooled itself for the cultural edge of the modern era. Now, they are working with MIT on innovative smart fabrics and providing material to fashion houses like Louis Vuitton and Channel. This seamless transition between the ancient past and the near future was a frequent sight in Japan, and it struck me as a stunning metaphor for how we might not only adapt to momentous change, but use creativity and take risks to leap ahead of it.