The Council on Foundations announces the recipients of The Distinguished Service Award, Robert Scrivner Award for Creative Grantmaking, and the Wilmer Shields Rich Award for Excellence in Communications. These awards recognize excellence in philanthropy and honor exemplary leaders in the field.
Leaders from 42 foundations announced today that they have “banned the box” by adopting fair chance hiring policies or ensuring that questions about criminal convictions do not appear on applications for employment with their foundations.
The Council supports the President’s proposal to simplify the private foundation excise tax to a single flat rate.
The Council on Foundations is pleased to announce that Brad Ward has been named its new Director of Community Philanthropy. He joins the Council’s member relations team led by Paula Wolferseder Yabar to expand the Council’s support of community foundations and other philanthropic organizations focused on community- and place-based philanthropy.
HUD and the Council are seeking nominations from charitable foundations working with the public sector to improve the neighborhoods and the quality of life for low- and moderate-income residents. The winners of this prestigious HUD Secretary's Award will be presented at the Council's 2016 Annual Conference in Washington, D.C. in April.
The Council on Foundations has named Hadar Susskind its Vice President of Public Policy, a new position intended to advance the Council’s public policy work on behalf of its members. Hadar joins the Council’s nationally recognized Public Policy and Legal Affairs team led by Sue Santa.
Charitable organizations from around the country applaud Congress for the bipartisan, bicameral passage of the Protecting Americans from Tax Hikes (PATH) Act of 2015.
Data gathered from 244 private and community foundations participating in the 2014 Council on Foundations–Commonfund Study of Investment of Endowments for Private and Community FoundationsTM (CCSF) show that the 142 private foundations participating in the study reported an average return of 6.1 percent for the 2014 fiscal year (January 1 – December 31, 2014), down from the 15.6 percent return reported for FY2013, while the 102 participating community foundations reported an average return of 4.8 percent for FY2014 compared to last year’s average return of 15.2 percent.
President Obama unveiled his Fiscal Year 2016 Budget today, which sets forth the Administration’s spending and policy priorities for the coming year. This year, the Budget presents a fiscal plan oriented around “Middle Class Economics.”
Investment returns at private foundations rose to an average of 15.6 percent in 2013 – the second-straight year of double-digit average returns – according to the 2013 Council on Foundations-Commonfund Study of Investments for Private FoundationsTM (CCSF).