Washington Snapshot - January 21, 2016
Dear Readers: Due to the predictions that many of us in the DC metro area are going to be buried in snow by the end of this week, we are sending Washington Snapshot to you a day early. For those of you who are also prepping for cold weather—stay warm!
News from the Hill
Upcoming Ways & Means…
Washington Snapshot - January 8, 2016
Executive & Regulatory News
Treasury, IRS Withdraw Proposed Rule for Gift Substantiation
Yesterday, the Treasury Department and the IRS announced it has withdrawn the proposed rule that would have created an alternative way for charitable organizations to acknowledge and substantiate gifts…
Washington Snapshot - December 18, 2015
Washington Snapshot will be taking a break for the next few weeks during the holidays. Our offices will be closed from December 25th—January 1st, but we wish all of our readers a happy and peaceful holiday with family and friends! Snapshot will return on Friday, January 8th.
News from the Hill
One…
Council Submits Comments on IRS Gift Substantiation Proposal
A proposed rule by the IRS would allow charities to file an additional information return by February 28th each year that includes taxpayer identification information for donors who contribute $250 or more, and provide a copy of the return to these donors in lieu of a contemporaneous written…
Washington Snapshot - December 11, 2015
News from the Hill
Extender Negotiations Coming Down to the Wire
Make Your Voice Heard! Despite efforts to pass a “tax extenders” package with a federal spending bill by today’s deadline, negotiations between Congressional Democrats and Republicans reached a stalemate—forcing the passage of…
Washington Snapshot - December 4, 2015
Take Action Now on Extenders
Hundreds of thousands heard the message!
Yesterday marked the kickoff in a series of days over the next three weeks when the Council and our colleagues in the field will commit 5 minutes for philanthropy, and connect with Members of Congress about reinstating the…
Washington Snapshot - November 20, 2015
Washington Snapshot will be going dark next week in recognition of the Thanksgiving holiday. We wish our readers a happy and peaceful holiday with family and friends. Snapshot will return on Friday, December 4th.
Urge Congress to Make Charitable Tax Extenders Permanent
The IRA Charitable Rollover…
Washington Snapshot - November 13, 2015
Don't Miss Out on Community Foundation Week!
Yesterday marked the first day of Community Foundation week! CF week has been celebrated every November 12th-18th since 1989 to raise awareness of the critical role of community philanthropy in supporting thriving communities across the country.
In…
Washington Snapshot - November 6, 2015
Community Foundation Week Starts Next Thursday
Next Thursday, November 12th marks the beginning of Community Foundation week! CF week has been celebrated every November 12th-18th since 1989 to raise awareness of the critical role of community philanthropy in supporting thriving communities across…
Washington Snapshot - October 30, 2015
News from the Hill
Ryan is Elected Speaker of the House
Yesterday afternoon, Representative Paul Ryan (R-WI-1) was elected as the next Speaker of the House. This marks the conclusion of a month-long process for the GOP to select a viable candidate for this position.
With Ryan’s ascension to the…
Washington Snapshot - October 2, 2015
Breaking News: Secretary Duncan to Step Down
Just today, U.S. Department of Education Secretary Arne Duncan announced that he will be stepping down in December from the position, which he has held since the beginning of the Obama Administration in 2009.
It is expected that President Obama will…
Washington Snapshot - September 25, 2015
Breaking News: Speaker Boehner to Retire at End of October
Just as we were preparing to send Snapshot to our readers, we received word that Speaker of the House, Representative John Boehner (R-OH-8) will retire from Congress at the end of October. This announcement came during a meeting with GOP…
Just Released: Final International Grantmaking Rules
In 2012, the Department of Treasury and the IRS issued proposed regulations applicable to private foundations seeking to make grants to foreign organizations using equivalency determinations. At the time, the Council submitted comments in support of the rules, and urged Treasury and the IRS to…
Washington Snapshot - September 18, 2015
Executive & Regulatory News
New Guidance on Mission-Related Investing
This week, the Treasury Department released long-awaited guidance on mission-related investments (MRIs), which the Council requested this year in our 2015-16 Treasury Priority Guidance Plan comments. The Council, along with…
Washington Snapshot - September 11, 2015
In remembrance of the 9/11 attacks that occurred 14 years ago today, the Council would like to take a moment to extend our thoughts to all those who were affected by the tragic events of that day.
News from the Hill
Sen. Grassley Maintains His Skepticism of DAFs
In an interview with the Chronicle…
Washington Snapshot - August 21, 2015
As a reminder to our readers, Washington Snapshot will be taking a break next week.
Join Us on 9/9: Nonprofit Media Event at the Newseum
Join the Council on Foundations, nonprofit media organizations, foundations, journalists, academics, and other stakeholders for a conversation on Wednesday,…
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