On May 20th, Congressman Erik Paulsen (R-MN-3) introduced H.R. 4691, a bill that would simplify the private foundation excise tax to a flat rate of 1 percent. The bill is co-sponsored by Congressman Danny Davis (D-IL-7).
Thanks to a valued partnership between two institutions and the Texoma Health Foundation, the East Central University at Southeastern Nursing Department in Durant is receiving a $55,000 grant to update its facility. The update will help expand...
Access to independent and reliable information about our sector is increasingly important. The Council on Foundations has once again combined forces with Commonfund Institute, the research and education arm of Commonfund, to produce a study of...
April 28 — Most observers don't think the entirety of Rep. Dave Camp's (R-Mich.) Tax Reform Act of 2014 will be enacted this year—or any year soon—but practitioners are concerned that some of the provisions affecting tax-exempt organizations may...
A severe storm system swept across the Midwest and South on April 27-29, 2014, with heavy rains, hail and tornadoes, causing damage in at least 10 states. At least 31 people were killed by tornadoes in Arkansas, Oklahoma, Iowa, Tennessee,...
Congress returns to work this week — and, according to Politico , the extenders debate will quickly heat up. The Ways and Means Committee plans to take up on Tuesday the first in what Chairman Camp has said will be a series of measures reviving...