Policy News

Monday, September 15, 2014
Protect giving: A chance for real bipartisanship

WASHINGTON, DC -- Vikki Spruill Execitive Director of Council om Foundations Blogs: In July, the U.S. House of Representatives passed the America Gives More Act (H.R. 4719) with a bipartisan vote of 277 to 130. Now it needs to pass the Senate. I signed 100 letters to the members of the U.S. Senate urging them to act quickly and pass the America Gives More Act, because it will give individuals and private foundations the certainty that allows for more charitable giving...It is time for the Senate to act. I strongly encourage Majority Leader Harry Reid, Minority Leader Mitch McConnell and their colleagues to bring H.R. 4719 to a floor vote in September.

Wednesday, September 10, 2014
CCP Public Policy Update - September 10, 2014

HARTFORD, CT -- The Connecticut Council for Philanthropy's public policy update in the September 10, 2014 Member eBrief includes information about Government-Nonprofit Contracting Reform and the America Gives More Act.

Wednesday, July 2, 2014
IRS Releases EZ Application for Charity Status

WASHINGTON, DC -- Against the wishes of several nonprofit associations and charity regulators, the Internal Revenue Service has introduced a short form for small organizations to file for tax-exempt status. Instead of having to file a 26-page application form, would-be nonprofits with gross revenue of $50,000 or less and assets of $250,000 or less are now eligible to file a three-page application. Some nonprofits, such as hospitals, colleges, and universities, would not be eligible to use the new form, called the 1023-EZ. About 70 percent of new applicants, the IRS predicts, will be eligible for the short form.