Point/Counterpoint: Limited life foundations ensure greater social impact

Resolved: Founders and directors will help their foundations have greater impact if they commit their entire endowments during a limited period of time, spending down their resources rather than managing them in perpetuity. Point: Lars Boggild Canadian philanthropic foundations regularly look for ways to be more impactful on the issues they care about. Approaches ranging from…

Index To The Philanthropist, Volume 18

PREPARED BY MAURA BROWN, MA Subject Index A ACCOUNTABILITY. Organizations Governance, stewardship, and trusteeship as key elements of 2004(Vol. 18,No.3), pp. 225–37 ADVOCACY SEE POLITICAL ADVOCACY ASSET ACCUMULATION TEST. Nonprofit organizations CCRA’s views and case law on profit-making purposes 2004(Vol. 18,No.2), pp. 96–100 ASSOCIATION. Nonprofit organizations Tax-exempt status 2004(Vol. 18,No.2), pp. 91–108 B BUSINESS SEE…

Recent Tax Developments

Interpretation Bulletin IT-244R3, Gifts by Individuals of Life Insurance Policies as Charitable Donations, dated September 6, 1991 was issued to cancel and replace IT-244R2, dated March 3, 1986. The Bulletin discusses the income tax implications of the donation by an individual of a life insurance policy to a registered charitable organization or a charitable foundation,…