Tax Reform: Charting the Future of Philanthropy - Part 1

Tax Reform: Charting the Future of Philanthropy - Part 1

Wednesday, June 25, 2014 - 1:00pm CDT
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The Council on Foundations is pleased to announce two webinars that delve into critical provisions in the comprehensive tax reform proposal introduced by House Ways and Means Committee Chairman Dave Camp (R-MI-4). The proposal lays the groundwork for comprehensive tax reform and contains dozens of provisions that affect foundations, including—

  • A payout requirement for donor advised funds; 
  • A simplified private foundation excise tax;
  • The elimination of two types of supporting organizations;
  • New UBIT requirements;
  • A floor on the charitable deduction for individual taxpayers.

For both programs, the Council’s policy team will be joined by other experts from the field, including tax attorneys, policy experts, foundation leaders and political analysts. Council staff and our panel of expert guests will:

  • Offer insight and opinions on the political environment for tax reform;
  • Navigate through both the changes proposed in the legislation and our understanding of the motivation behind those provisions;
  • Identify provisions that must be challenged and those we can support;
  • Suggest information and education efforts necessary to fortify our positions;
  • Explore potential advocacy approaches as the Council and colleague organizations work with Congress towards tax reform that allows philanthropy to thrive, and
  • Highlight channels through which we'll seek information from the field that will help shape and inform the Council's positions.

There is no fee to attend this event.

Click here to register.

*Call in information will be sent one week prior to the event.

Part I: Provisions on Donor Advised Funds and Supporting Organizations

This session will kick off with an update on current activity on Capitol Hill related to tax reform. Then we’ll turn to our expert guests to discuss the details of the proposed 5-year payout requirement for donor advised funds and the repeal of Type II and Type III supporting organizations. Participants will have plenty of opportunity to engage with the Council’s public policy team and our expert guest speakers and to ask us anything that’s on your mind about Chairman Camp’s bill or recent tax policy developments.

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