The Council has six full-time attorneys with a breadth of experience on staff. This team of experts is a valuable resource to Council members, and is available to provide information on a wide range of topics that impact foundation operations.
In-Depth knowledge on Working with Donors
In this week's Washington Snapshot: Just Announced: August Recess Toolkit; Recap: House Passes America Gives More Act of 2014; Next Steps on Tax Extenders; Chairman Wyden Restates Commitment to Tax Reform; NEW in Snapshot: Trending in Council Legal A
This article provides ideas to help your community foundation get started in providing quality donor services - and to keep donors engaged and active with your foundation!
Discover the tax treatment under the Pension Protection Act (PPA) for gifts of fractional interests in tangible personal property, like books, artwork, furniture and more.
Community foundations are often faced with requests from donors or local volunteers who wish to express their support by raising money for the community foundation or for a particular fund.
Definition and issues around accepting gifts of tangible personal property.
Raising money for community needs is the central function of community foundations. No surprise, then, that we receive more questions about fundraising than about any other topic.
Accepting gifts of real estate, subchapter S corporations, and business interests (including general partnerships, limited partnerships, limited liability partnerships, and limited liability companies).
Can a 501(c)(3) organization with a donor advised fund at a community foundation make a distribution to itself?
“If I create a fund at the community foundation, can my investment manager still manage the funds?” You may have already come across a donor that asked this question.