Centennial Leadership Conference on Non-Profit Tax Reform

March 15-16, 2017

This convention gathered leading experts from diverse backgrounds in philanthropy to address some of the critical issues explored at the 2014 Convention on Promoting Meaningful Reform, including the following questions:

What makes an organization 鈥渃haritable鈥�? Has the law drawn the lines circumscribing charitable organizations the right way?

Current law treats all charitable purposes the same. One possible way of addressing this is by granting different levels of tax benefits to different types of giving. Is this a good idea, or will this cause more problems than it solves?

Donor advised funds provide maximum tax benefits to donors without imposing any mechanism to ensure that the money makes its way out to charities in a timely manner. Congressman Camp has proposed a 5-year payout rule for these accounts. Is this the right response?

Endowments at public charities, particularly universities, have grown to unprecedented levels. Some observers find this troubling, particularly in light of the astronomic rise in tuition. Should the rules be changed to encourage and/or require payout from endowment funds?

The 1969 legislation established a 5% payout rule for foundations. While the 5% standard was designed to serve as a floor for payout, scholars have noted that it often serves as a ceiling as well.听 Is it is appropriate for foundations to be able to meet their payout obligations through administrative expenses and donations to donor advised funds? Is it time to revise the payout rules governing private foundations?

Because of differing benefits, the distinction between private foundations and public charities has played a significant role in shaping charitable giving. Do these current rules provide a meaningful distinction? Might there be a better way to redraw the lines in order to serve the larger public good?

Participant Bios

Become a Co-Sponsor

Professor and Forum Co-Founder Ray Madoff

For more information about becoming a co-sponsor, please contact Professor of Law and Forum Convenor听Ray Madoff.听

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Conference Schedule

Wednesday, March 15, 2017听听听听听听听听

6:30 pm听听听听听听听听听听听听听听听听听听听听听Welcome Dinner

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听Tax Reform: Perils and Opportunities for Change in Charitable Giving

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听Steve Miller, National Director of Tax at AlliantGroup; Former IRS Acting Commissioner and Commissioner of the Tax Exempt and

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听Government Entities Division

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听Dean Zerbe, National Managing Director of AlliantGroup; Former Senior Counsel and Tax Counsel to the U.S. Senate Committee on 听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听Finance

Thursday, March 16, 2017

8:00 am听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听Breakfast

8:30 am听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听 Welcome and Introductions

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听Darren Walker

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听 听Ray Madoff

8:45 am听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听History of Charitable Tax Benefits and Guiding Principles

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听Stanley Katz and Robert Reich

9:15 am听听听听听听听听听听听听听听听听听听听听听听Current Trends in Charitable Giving

听听听听听听听听听听听听听听听听听听听听听听听听听听听听 听 Una Osili

9:45 am听听听听听听听听听听听听听听听听听听听听听听Current Tax Proposals Affecting Charitable Giving, and their Potential Ramifications for the Sector

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听 Eugene Steuerle

10:30 am听听听听听听听听听听听听听听听听听听听听听15-minute Coffee Break

10:45 am听听听听听听听听听听听听听听听听听听听听听Donor-Advised Funds in Support of Nonprofits Foundations and Public Charities

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听Ray Madoff and Roger Colinvaux

11:30 am听听听听听听听听听听听听听听听听听听听听听Private Foundations in Support of Non-profits

听听听听听听听听听听听听听听听听听听听听听听听听听听听听听听Brian Galle and Ray Madoff

12:15 pm听听听听听听听听听听听听听听听听听听听听听Lunch

1:00 pm听听听听听听听听听听听听听听听听听听听听听听Johnson Amendment, Strengthening the IRS and other Issues

听听听听听听听听听听听听听听听听听听听听听听听听听听听听 听Roger Colinvaux and Brian Galle

1:30-2:30 pm听听听听听听听听听听听听听听听听听Next Steps

2:00pm听听听听听听听听听听听听听听听听听听听听听听Conclusion

肉漫屋

Resources