In This Week's Edition of Snapshot: Johnson Amendment Attack Reiterated by Sen. Lankford; Bills to Repeal UBIT Changes Introduced in Senate; Bill to Reinstate Schedule B Requirements for All Nonprofits Introduced in Senate; Senate Finance Votes to Advance Treasury/IRS Nominations; Appropriations Continue Moving Swiftly, Although Roadblock Looms in the Distance; IRS Releases Final Regulations on Charitable Contribution Substantiation; In the States: Boston Continues Targeting Nonprofit Property Tax Exemption.
White House, Administration, POTUS
A post-graduation scholarship is a type of charitable grant that foundations would make to attract individuals with career skills needed in a particular region to the make their homes and build their careers in that community.
In This Week's Edition of Snapshot: Bill Targeting University Endowments and Contributions Introduced; Charitable Giving Discussed at Senate Hearing; Attacks Against Johnson Amendment Continue; Ways and Means Announces Subcommittee Updates; IRS Provides Guidance for Grantmakers and Donors; Treasury and IRS to Propose New Regulations on SALT Workarounds; Senate Continues Review of President Trump’s IRS Nominee; Election Roundup; and, In the States: Mandatory Volunteerism State Expansion Update
In This Week's Edition of Snapshot: Bill to Increase Charitable Giving Introduced in House; IRS Funding to be Considered by Senate Committee; Ways and Means Holds Hearing on Tax Reform's Impact (So Far); Council Urges Treasury to Delay New UBIT Provisions; In the States: States Respond to Federal Tax Reform Revenue Windfalls, States Work to Limit the UBIT Damage, States Act to Secure Complete Census Count
In This Week's Edition of Snapshot: House Committee Sets Series of Tax Reform Hearings; White House Sends Rescissions Proposal to Congress; IRS Debuts New EO Search Tool; Form 990s for Calendar-Year Organizations Due Soon; and, In the States: Vermont Considers Repeal of Charitable Deduction; Municipal Tax Assessor Targets Nonprofit Property Exemption
In This Week's Edition of Snapshot: JCT Releases New Estimates in Advance of Senate Finance Hearing; Council Call Highlights Public-Philanthropic Partnerships; Council Raises Concerns About FARA; and, In the States: Kentucky Preserves Charitable Incentive in Tax Reform, Maryland Passes Law Mirroring the Federal Uniform Guidance Requirement to Pay Indirect Costs
In This Week's Edition of Snapshot: Council Hosts Inaugural Public Policy Summit in Philadelphia; Disagreement Over Rescissions Bill Persists in Congress; Package of Bills to Reform IRS Advances Out of Committee; Treasury Announces First Wave of “Opportunity Zones;" Agreement Reached Between Treasury, OMB on Implementation of Tax Law Regulations; and, In the States: Interest Grows for Medicaid Work and Volunteering Eligibility Mandates, Making Sure Donations Don’t Determine Domicile
In This Week's Edition of Snapshot: President, Congressional Leaders Eye Spending Reductions; Trump to Nominate Muzinich for Deputy Treasury Secretary; Updates to IRS Publication 526 Regarding Giving for Natural Disasters; and, In the States: SALT Workaround Enacted in New York, Oklahoma Preserves Charitable Giving Incentive
In This Week's Edition of Snapshot: Omnibus Signed into Law, Averting Another Shutdown; House Continues Push for IRS Reform; Guidance Forthcoming on New UBIT Laws; and, In the States: Interest Grows for Medicaid Work and Volunteering Eligibility Mandates, Making Sure Donations Don’t Determine Domicile
In This Week's Edition of Snapshot: Congress Set to Vote on Omnibus Ahead of Friday Deadline; A Recap of Foundations on the Hill 2018; President Trump Shakes-Up Administration; FEMA Announces Webinars to Discuss Strategic Plan; and, In the States: Expanding Minnesota Non-Itemizer Deductions, Donor Disclosures in the Legislatures