The longest government shutdown in history has briefly ended after 35 days, but the effects are being felt nationwide. While 800,000 federal employees were furloughed, they were not the only ones being impacted. A blog post from the Community Foundation for Greater Atlanta highlights how nonprofits are also being affected. Many organizations also called for an end to the shutdown.
The Policy Blog: Tracking UBIT (updated)
The 2017 Tax Cuts and Jobs Act brought many changes to the tax code, including how unrelated business taxable income (referred to by the IRS as UBTI or commonly known as UBIT) affects nonprofits. Transportation benefits (such as transit or parking subsidies) that nonprofits provide to their employees are now subject to UBIT (21 percent) and the structure of the tax now prevents charities from offsetting a loss from one unrelated business area with profits from another area. This affects a wide range of organizations who will be spending more money on taxes and less on their communities.
NY Funders Alliance Announced Inaugural Philanthropy & Public Policy Fellow
Public policy decisions, at every level, have daily implications for place-focused grantmakers — whether its navigating complex local housing codes as part of a healthy homes initiative, ensuring an accurate 2020 Census, or sustaining and expanding funding to scale proven early childhood programs – federal, state and local policies are integral to the philanthropy sector’s goals for healthy, vibrant and sustainable communities.
Friday Rewind – 6/8/2018
The Friday Rewind offers a snapshot of PhilanthroNews — that means news stories, articles, events of note, or information updates — from around our network and throughout the broad world of philanthropy. Whether you take a quick skim of the material or a deep dive through each item we hope to help inform your work and inspire your thinking.
Friday Rewind – 6/1/2018
The Friday Rewind offers a snapshot of PhilanthroNews — that means news stories, articles, events of note, or information updates — from around our network and throughout the broad world of philanthropy. Whether you take a quick skim of the material or a deep dive through each item we hope to help inform your work and inspire your thinking.
Friday Rewind – 7/28/17
The Friday Rewind offers a snapshot of PhilanthroNews — that means news stories, articles, events of note, or information updates — from around our network and throughout the broad world of philanthropy. Whether you take a quick skim of the material or a deep dive through each item we hope to help inform your work and inspire your thinking.
Friday Rewind – 7/21/17
The Friday Rewind offers a snapshot of PhilanthroNews — that means news stories, articles, events of note, or information updates — from around our network and throughout the broad world of philanthropy. Whether you take a quick skim of the material or a deep dive through each item we hope to help inform your work and inspire your thinking.
Friday Rewind – 7/14/17
The Friday Rewind offers a snapshot of PhilanthroNews — that means news stories, articles, events of note, or information updates — from around our network and throughout the broad world of philanthropy. Whether you take a quick skim of the material or a deep dive through each item we hope to help inform your work and inspire your thinking.
Friday Rewind – 7/7/17
The Friday Rewind offers a snapshot of PhilanthroNews — that means news stories, articles, events of note, or information updates — from around our network and throughout the broad world of philanthropy. Whether you take a quick skim of the material or a deep dive through each item we hope to help inform your work and inspire your thinking.
Friday Rewind – 6/30/2017
The Friday Rewind offers a snapshot of PhilanthroNews — that means news stories, articles, events of note, or information updates — from around our network and throughout the broad world of philanthropy. Whether you take a quick skim of the material or a deep dive through each item we hope to help inform your work and inspire your thinking.