In This Week's Edition of Snapshot…
Operating foundations are private foundations that use the bulk of their income to provide charitable services or to run charitable programs of their own. They make few, if any, grants to outside organizations. To qualify as an operating foundation, specific rules, in addition to the applicable rules for private foundations, must be followed.
Below is everything on our site for private operating foundations. You can use the filtering options on the right to narrow these results.
Nonprofit foundation boards often discount the need for ‘D&O’ Insurance. They tend to think because they don’t have shareholders their directors won’t be sued. That’s not the case. Foundations serve large and varied constituencies to whom their boards owe specific duties similar to the duties owed by corporate boards.
Potential claimants in suits against nonprofit directors include:
Hosted by the Council on Foundations and the Veterans Philanthropy Exchange, organizers announced more than $106 million in new commitments to strengthen services and support for veterans and military families nationwide. Check out the full plenary program!
This report from the Harvard Kennedy School's Houser Institute for Civil Society examines trends in philanthropy and social investment in Mexico.
Join the Council’s senior counsel Suzanne Friday as she discusses US regulation and compliance issues outside of the U.S. Tax Code that affect global grantmakers. Topics will includes regulations like the Foreign Agent Registration Act (FARA), Foreign Corrupt Practices Act (FCPA), US Treasury’s voluntary anti-terrorism guidelines and more.
Led by Suzanne Friday, Senior Counsel and Vice President of Legal Affairs for the Council on Foundations, and Lindsay Mason, Director of Corporate Philanthropy, this workshop is organized to ensure common legal questions for administering grants, board governance and charitable giving activities are addressed.