HARTFORD, CT -- Officials in Connecticut, South Carolina and Colorado announced new public/private arrangements to fund so-called “pay for success” projects that aim to help families struggling with drug addiction, improve health outcomes for poor mothers and their children and reduce chronic homelessness.
HARTFORD, CT -- Governor Dannel P. Malloy, White House National Drug Control Policy Director Michael Botticelli, Commissioner on Children, Youth and Families Rafael López, Connecticut Department of Children and Families (DCF) Commissioner Joette Katz, and other federal and local officials announced an innovative new strategy, Pay for Success (Social Impact Bonds) to be launched in Connecticut to better serve hundreds of families struggling with the effects of substance use.
WATERBURY, CT -- Paula Van Ness, president and CEO of Connecticut Community Foundation, co-authored an opinion piece with three of her national community foundation colleagues about donor-advised funds. They give several reasons why timed payouts for donor-advised funds would be bad public policy and would fail to achieve the outcome that critics seek.
WASHINGTON, DC -- The IRS has announced it is withdrawing its proposal relating to substantiating gifts from donors, which included collecting and reporting the SSNs of donors.
WASHINGTON, DC -- Nonprofits and charities are speaking out against a new regulatory proposal from the IRS. The proposal would encourage charities to collect sensitive personal information from donors, including Social Security numbers.
WASHINGTON, DC -- The National Council of Nonprofits reports that late last Friday, President Obama signed into law bipartisan legislation that funds the government through the current fiscal year (until September 30, 2016) and changes a significant number of tax provisions. Three charitable giving incentives are restored and made permanent in the tax portion of the law, originally titled the Protecting Americans from Tax Hikes Act of 2015 (PATH Act).