Hosted by the Alliance for Charitable Reform, the Summit will include sessions to learn about what we can do to protect private giving and educate lawmakers about the critical role of charitable organizations in a free society.
Blending Capital for Impact: How Foundations Can Advance Economic Development Finance
As part of Philanthropy Week in Washington, the Council of Development Finance Agencies and Mission Investors Exchange have jointly partnered to host a special one-day symposium that explores the potential for alignment between foundations and traditional economic development finance agencies. This event will consider how small investments from foundations can be made in existing and proven development finance programs and how that support could be leveraged to advance social, community, and economic priorities. Along with the Initiative for Responsible Investmentand the Council on Foundations, CDFA and Mission Investors Exchange invite all interested stakeholders to participate in this open conversation to learn more about ways that new partnerships could be developed to create guarantees, credit enhancements, or capital access programs with foundation-related impact investments through state and local development finance agencies.
Location: Morgan Lewis & Bockius LLP - 1111 Pennsylvania Avenue NW, Washington DC 20004
*Breakfast will be served.
As part of Philanthropy Week in Washington, the Council on Foundations is pleased to invite you to a breakfast roundtable to explore challenges that nonprofit media organizations face in becoming tax-exempt.
Nonprofit media organizations are diverse nonprofits that serve a valuable role in educating citizens through in-depth public interest reporting, including investigative journalism, news reports, explanatory journalism, solutions journalism, and specialty journalism, in order to elevate important social topics, particularly at the local level. However, a 2013 report from a committee of experts convened by the Council on Foundations, The IRS and Nonprofit Media: Toward Creating a More Informed Public, found that these organizations often struggle with the process of obtaining tax-exempt status from the IRS. The current IRS criteria for recognizing these organizations as tax exempt does not account for an evolving digital media landscape or newly accepted nonprofit operational practices.
A legal expert will bring us up to speed on the state of nonprofit media organizations today, and will examine persistent challenges these organizations face in achieving and maintaining tax exemption. We’ll also be joined by leaders from two nonprofit media organizations who will share first-hand experience from the field and explain their organization’s mission and operations, along with their experiences navigating tax exemption.