Good afternoon. Thank you, Tomas, for that warm welcome and introduction. I am honored to join all of you today to continue the discussion on how partnerships can help achieve the universal Sustainable Development Goals, and share what I’ve learned about how philanthropy is engaging in this shared commitment. After working with foundations in the U.S.
Private foundations make grants based on charitable endowments. The endowment funds come from one or a small handful of sources -- an individual, a family or a corporation. Because of their endowments, they are focused primarily on grantmaking and generally do not raise funds or seek public financial support the way public charities (like community foundations) must.
Private independent foundations are distinct from private family or corporate foundations in that an independent foundation is not governed by the benefactor, the benefactor’s family or a corporation. Of the largest private foundations in the United States, most are independent foundations, although they may have begun as family foundations or were converted from corporate foundations. There is no official IRS or legal definition of independent foundations, so it is difficult to arrive at statistics that are fully representative of the field.
Below is everything on our site for independent foundations. You can use the filtering options on the right to narrow these results.
Today is International Women’s Day (IWD). Celebrated on March 8 of every year, IWD celebrates women around the world and their achievements. IWD has been observed since the early 1900s and the International Women’s Day website documents the evolution of this global celebration. At a time when there are many places and situations where women's rights, equality, health, and safety remain marginalized, IWD is also a call to action for accelerating gender parity.
Each year, Pennsylvania’s philanthropic sector invests more than $2.6 billion in grant making in the Commonwealth. Uncertainty about national and State public policies and budget realities will make philanthropy’s investments critically important, especially on behalf of vulnerable populations in our communities. Now more than ever, Pennsylvania foundations must come together to define a shared understanding that can amplify the voice of the sector and sharpen their focus on the impacts of policymaking on the social safety net and the non-profit community.
Collaborate & Innovate: Equalizing the Playing Field of Black Business Ownership in the U.S.
This event is a preconference session at the 2017 Annual Conference. It is the first in a series of three sessions focused on entrepreneurship within the Black community.
In April, my tenure as chair of the Council on Foundations’ Board of Directors will end, and I will near completion of my board service, a term bounded by two historic presidential elections and begun when our country experienced an economic collapse rivaled only by the 1929 market crash and the Great Depression that followed.
In this Week’s Edition of Snapshot…
- Tax Reform Update: President Trump addresses Congress, Secretary Mnuchin speaks on tax reform, Chairman Brady vows to repeal the Johnson Amendment, and the Council and colleagues speak out in defense of nonpartisanship
- Legislation to invest in “opportunity zones” introduced in House and Senate
- Ben Carson is confirmed as Housing and Urban Development Secretary
- President Trump orders agencies to focus on regulatory reform
- White House budget aims to increase defense spending, cut domestic programs
It’s officially tax season when the IRS releases its Dirty Dozen List of Tax Scams. We know Council members work hard to be on the right side of the law, but the below info from the IRS can be useful to review with board and staff. Don’t forget, if you ever have a question, the Council’s legal team is here to support you. Feel free to contact us at email@example.com.
Here’s their list of this year’s most prominent scams:
Launched in 2014, The Veterans Philanthropy Exchange is a learning and sharing forum for philanthropic grantmakers, donors, and corporate giving programs supporting veterans and military family strategies.
Join your peers for discussions about funder collaboration and collective action, a review of lessons learned in veterans philanthropy and partnerships over the past few years, and an exploration of the role that sector might continue to play as a new Administration ramps up, and as the understanding of veterans needs continues to evolve.
In this Week’s Edition of Snapshot…
- Tax Reform Update: House Republicans face growing opposition to border adjustability
- Charitable Giving Coalition Spends Day Fighting for the Charitable Deduction on Capitol Hill
- IRS makes 1023-EZ data available online
- In the States: State budgets (in brief), and States consider contracting reform commissions