Report to Congress on Supporting Organizations and Donor Advised Funds – Department of the Treasury

Posted on July 21, 2016 by National Center for Family Philanthropy

Title XII of the Pension Protection Act of 2006, Pub. L. 109-280, 120 Stat. 780 (2006) (the PPA) made numerous changes to provisions of the Internal Revenue Code (the Code) addressing charitable giving and tax-exempt organizations. Particular changes to the law were made regarding supporting organizations (SOs) and charitable giving arrangements commonly referred to as donor advised funds (DAFs). The legislation provided a statutory definition… Read More

Is there a database for donors to find great grants/nonprofits to fund?

Posted on July 21, 2016 by National Center for Family Philanthropy

Every year, our family foundation considers new causes and grantees to support. Since the foundation does not accept unsolicited proposals, the foundation staff would like to know if there is a database or another resource that captures great grantseeker requests for funding. To our knowledge there does not (yet) exist a one-stop-shop for grantmakers looking to navigate requests for funding. However,… Read More

Igniting the Spark: Tracy Family Foundation

Posted on June 22, 2016 by Youth Philanthropy Connect

The Tracy Family Foundation is located in Mt. Sterling, Illinois, with family geographically dispersed around the country.  The foundation’s mission is to provide resources to organizations that foster the values of Robert and Dorothy Tracy—a Catholic/Christian belief, honesty, integrity, fairness, and a strong work ethic. The foundation seeks to proactively strengthen Brown County in Illinois and the surrounding Region by… Read More