We support proposals that will encourage more charitable giving.
Our tax code should encourage and incentivize private giving.
State laws should protect the rights of donors and promote charitable giving.
Upcoming and recent programming on public policy issues.
Stay informed on federal and state issues affecting the philanthropic sector.
How Public Is Private Philanthropy, 2nd Edition
Debunking the public money myth
The Philanthropy Roundtabe has released a second edition of its 2009 legal analysis that examined the claim that charitable funds are “public money” because they are exempt from federal taxes, receive state charters, and are subject to oversight by state attorneys general. Increased calls for classifying private philanthropy as public money and important court cases, including a Supreme Court case, have since bolstered the authors’ original conclusions, necessitating a 2nd edition.
Jul 20, 2009
A recent New York Times article reporting on a deal to close California’s $26 billion budget gap, highlights a disturbing trend of thought among lawmakers. While these Calirfornia lawmakers “hope” that foundations will pick up the slack from slashed funding to health and human service programs, may other take this a step further ?