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Federal Legislation

Guide to the Congressional Super Committee

Consider This…

Below is your –hopefully– handy guide to the new Congressional Super Committee (“SC”).  All of Washington will be riveted by their efforts over the next 100 days.  Needless to say, we are paying close attention to their work.

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ACR newsletter (9.9.11)

Friday, September 9, 2011

The latest edition of the ACR newsletter is available below. Here are highlights:

Remembering 9/11
This Sunday marks the 10th anniversary of the terrorist attacks on September 11, 2001. As the nation reflects on the events of that day, we acknowledge the lives lost and the generous outpouring of support from Americans and foundations to help victims and their families estimated at $2.8 billion. For other news and opinions on the 10th Anniversary and the nonprofit community’s response visit the dedicated section of the Chronicle of Philanthropy’s website “The Lessons of 9/11 Philanthropy, a Decade Later”. Also, How Sept. 11 changed charity in America, CNNMoney (*source).

Washington Roundup:

  • Hearing on Charitable Giving Incentives Scheduled
  • Super Committee
  • Tax Reform
  • President’s Jobs Plan

Consider This: Guide to the Congressional Super Committee

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Events

Southeastern Council of Foundations 2011 Annual Meeting

Date: November 11, 2011
Location: Amelia Island, FL
Event: Southeastern Council of Foundations 2011 Annual Meeting

Sandra Swirski, Execuitve Director of ACR, joined Andrew Schulz, Vice President, Government Relations and Public Policy, Council on Foundations, to provide an update on issues affecting private philanthropy at the federal level.

Events

Conference of Southwest Foundations Webinar

Date: August 16, 2011
Location: Online
Event: Webinar: Getting Their Attention: Communicating with Lawmakers When Your Focus Isn´t Theirs

Sue Santa and Mark Sedway, Project Director at the Philanthropy Awareness Initiative, led a webinar on practical and LEGAL ways foundations can effectively connect with lawmakers to communicate the impact of their philanthropy upon their constituents, during District Days and beyond.

ACR newsletter (8.12.11)

Friday, August 12, 2011

The latest edition of the ACR newsletter is available below. Here are highlights:

Washington Roundup:

  • Deficit Reduction/Super Committee
  • Fall Preview

Click continue reading for the latest edition of the ACR newsletter.

 

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Federal Legislation

Update - Deficit Reduction/Super Committee (8.12.11)

All attention in Washington this week has focused on the members appointed to the Joint Committee on Deficit Reduction, a.k.a. the Super Committee.

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Federal Legislation

Update - Deficit Reduction/Debt Ceiling (8.2.11)

Congress approves and President signs debt deal, charitable deduction spared… for now

President Obama has signed S. 365, the Budget Control Act of 2011, into law raising the federal debt ceiling. The Senate approved the bill at 12:00 PM today, by a vote of 74-26. This vote occurred less than 24 hours after the House of Representatives approved the bill, by a vote of 269-161, and then promptly recessed until September 7th.

As you may know, the bill raises the debt limit by $2.5 trillion in two stages, which will provide the Department of the Treasury with enough borrowing authority to last until 2013.  This increase is paid for by an immediate $1 trillion in cuts from defense and discretionary spending…

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ACR newsletter (7.29.11)

Friday, July 29, 2011

The latest edition of the ACR newsletter is available below. Here are highlights:

Washington Roundup: Deficit Reduction/Debt Ceiling Talks

  • From Four Plans to Two
  • Update on the Charitable Deduction

Consider This: Raised Stakes – Issues under Scrutiny in Tax Reform

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Federal Legislation

Raised Stakes – Issues Under Scrutiny in Tax Reform

Consider This…

With just a few days to go, where do we stand on raising the debt ceiling and why should foundations care?

Obviously we all have an interest in avoiding the kind of economic Armageddon that some are predicting if we don’t raise the debt ceiling.  We’ve heard from foundation leaders who are watching and waiting to see how these unsettled economic factors will impact their organizations’ investments, noting that another sharp decline could have a dramatic impact on their investments and their work.  But longer term we need to be mindful about what has been put on the table over the course of this debate.  If this protracted debate is any indicator the nonprofit sector is likely to be challenged like never before.

Most of the reason for these challenges can be traced to money…

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Federal Legislation

Update - Charitable Deduction (7.29.11)

Update as of July 29th, 2011:

Even though plans for tax increases in the debt ceiling negotiations are waning, both debt ceiling plans include commissions/committees to recommend further actions to bring down the deficit.  In that context, we, along with our colleagues, remain active in reaching out to Members of Congress and the Administration to remind them of the importance of the charitable deduction.  Several groups have called on Members of Congress to maintain the deduction: The Nonprofit Coalition sent a letter to Senate Finance Committee Chairman Max Baucus (D-MT) and the rest of the Senate, The United Way sent a letter to the Gang of Six, and The Grantmakers Forum of New York sent a letter to House Representatives and Senators, and Independent Sector is continuing to gather signatures for their letter to Congress.

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