Public Policy Issues for Community Foundations

Community Foundations can use these public policy tools to address challenges, create and implement innovative solutions, and maximize the impact of their investment on the communities they serve.

  • IRA Charitable Rollover – a tax provision that allows allowing taxpayers age 70 ½ or older to transfer up to $100,000 annually from their IRA accounts directly to charity without first having to recognize the distribution as income.
  • Donor Advised Funds – a unique philanthropic tool that allow donors to establish charitable accounts at institutions, such as community foundations, and remain involved in supporting the issues and causes they care about.
  • Supporting Organizations – a type of organization that is established to support a public charity so that it may focus its efforts on the charitable mission.
  • Regulatory Guidance (need to create)
  • Charitable Deduction – a tax provision that allows donors to reduce their taxable income by the amount they contributed to charity when itemizing their tax deductions.
  • National Standards for U.S. Community Foundations - The National Standards program was established to ensure the values of community foundations are demonstrated through their commitment to legal compliance, philanthropic best practices and excellence that benefits communities. Learn how to become accredited at www.cfstandards.org.
  • Stay current on the most important issues through Washington Snapshot.