Corporate Giving Programs and Foundations

Corporate Philanthropy refers to the investments and activities a company voluntarily undertakes to responsibly manage and account for its impact on society. It includes investments of money, donations of products, in-kind services and technical assistance, employee volunteerism, and other business transactions to advance a social cause, issue, or the work of a nonprofit organization. Corporate foundations and corporate giving programs traditionally play a major role in these areas.

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During sessions on the first day of Leading Together 2021, three words resounded in the conversations: respect, trust, and equity. These three words have tremendous importance, both in our lives as individuals and as philanthropy professionals, and they have the power to reshape the ways that we serve our communities and causes for the better.
The COVID-19 pandemic has laid bare the consequences of siloed philanthropy and the imperative to accelerate intersectional, multi-level work, with particular attention to integrating the HIV and COVID-19 responses with racial justice efforts in the U.S.
The ACE Act, sponsored by Sen. Angus King (I-ME) and Sen. Chuck Grassley (R-IA), would modify existing rules relating to donor advised funds (“DAFs”), make certain changes to the rules for the excise tax on undistributed income of private foundations, and exempt certain private foundations from the excise tax on investment income
On June 9, 2021, Senators King (I-ME) and Grassley (R-IA) introduced the Accelerating Charitable Efforts (ACE) Act. The Council on Foundations opposes this legislation.
The 2021 Virtual HR Retreat, co-hosted by the Council on Foundations and CHANGE Philanthropy, is a unique opportunity to learn from and engage with fellow HR and talent leaders in philanthropy.
Led by the Council's legal team, this workshop is designed to answer your broad legal and practical questions on corporate foundation and giving activities.