Tax and Regulatory Issues

Friday, November 3, 2017
Newman's Own Foundation Buoyed by Tax Bill's Rescue Provision

WASHINGTON, DC -- The president and CEO of Newman’s Own Foundation has lobbied for six years to save his foundation from a 200 percent tax, but didn’t know until Nov. 2 that the provision had been included in the House GOP tax bill. The foundation would be hit with the 200 percent tax in 2018 unless it has divested, but would be spared if the House Ways and Means Committee bill provision—which would exempt private foundations from the penalty if they meet certain requirements—is enacted.

Read @ Bloomberg Daily Tax Report >>
Friday, April 21, 2017
CCP Policy Update - April 21, 2017

HARTFORD, CT -- The Connecticut Council for Philanthropy's public policy update from April 21, 2017 includes information H.B. No. 7322 with a provision to repeal exemption of nonprofits from the sales tax.

Tuesday, March 21, 2017
Philanthropy Leaders Urge Congress to Strengthen Charitable Giving

WASHINGTON, DC — More than 250 philanthropy leaders from across the nation, including five representing Connecticut philanthropy, are gathering on Capitol Hill starting today to urge lawmakers to value and strengthen charitable giving in America. Their meetings are part of Foundations on the Hill, a multi-day event presented by the Forum of Regional Associations of Grantmakers in partnership with the Council on Foundations and the Alliance for Charitable Reform.

Thursday, March 31, 2016
Public Policy Update - March 2016
HARTFORD, CT -- The Public Policy Update for March 2016 features National and State updates on issues important to philanthropy including the Foundation on the Hill, the Working Cities Challenge - Connecticut, CT Budget Focus and Proposed Bills Taxing Nonprofits.

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