We wanted to share this important breaking news on the status of tax reform legislation. As you know, in Washington, D.C., things can change quickly. Just last week, House Ways and Means Committee Chairman Kevin Brady said that the tax reform framework document should be done in early September. However, yesterday House Speaker Paul Ryan announced that the tax reform framework will be released later this week. The expectation is that the House Ways and Means Committee will take that framework and turn it into a tax reform bill.
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.
Below is everything on our site for corporate giving programs and foundations. You can use the filtering options on the right to narrow these results.
The Council is currently accepting nominations for the 2017 Robert W. Scrivner Award for Creative Grantmaking. Nominate a courageous leader and innovative grantmaker today.
For the last three years, I’ve noticed a growing trend in community foundations asking for support to make international grants, often from donor or corporate advised funds.
In This Week's Edition of Snapshot…
- Council submits tax reform comments to Senate Finance Committee
- Tax Reform Update: House committee approves budget, takes first legislative step towards tax reform
- Senate Finance Committee to consider Mr. Kautter’s nomination today
- In the States: Michigan court clarifies property tax exemption; California nonprofits object to burdensome contracting legislation
The 2017 Grantmaker Salary and Benefits Survey is now open. This annual survey is one of the most important and effective resources for our members and for the field and we encourage you to participate.
Data gathered in the 2016 Council on Foundations–Commonfund Study of Investment of Endowments for Private and Community Foundations® (CCSF) show that participating private foundations reported an average return of 6.4 percent for the 2016 fiscal year (January 1 – December 31, 2016) while participating community foundations reported an average return of 7.3 percent for the same period. (All return data are reported net of fees.)
In This Week's Edition of Snapshot…
- Tax Reform Update: Health care debate slows other legislative action, but Congress is still ramping up for tax reform
- House Appropriations Committee to consider Johnson Amendment provision in a bill markup today
- Senate Finance to hold confirmation hearing for Kautter
- Trending in Legal Affairs: Funding public charities that lobby when multiple funders are involved
The Council’s Global Team is excited to welcome a new addition! Nicolette Gerald is a graduate of George Mason University with a bachelor’s degree in government and international politics. She will be spending the next two months with us as a summer intern before beginning her graduate studies in public policy this fall.
June is Immigrant Heritage Month, a time during which we celebrate our origins as a nation of immigrants. The Council’s staff, its board, it strategic partners, its member organizations and the communities they serve are all inclusive of immigrants. As a national organization and a leading voice within the philanthropic sector, the Council takes great pride in the diversity represented by this immigrant population and the rich difference of perspectives it brings to the important work our members do.