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Responding to the Economic Crisis

Responding to the Economic Crisis

CMF can help connect you with your fellow funders and provide the latest information on how the field is responding and how your colleagues in philanthropy are mobilizing in this economic crisis. View our resources for grantmakers.

Foundation Advocate U.S. Rep. Dave Camp Gets Top Republican Post On Ways & Means

Posted 12/18/2008 - CMF NewsWire
U.S. Rep. Dave Camp of Midland is expected to take his long-time support of foundations and philanthropy to his new post as the ranking Republican member of the powerful House Ways and Means Committee. [more...]

Foundations Needed To Make 21st Century Schools Fund Initiative A Success

Foundations Needed To Make 21st Century Schools Fund Initiative A Success

Posted 12/9/2008 - CMF NewsWire
Michigan Education Department officials are now sifting through 32 letters of intent from school districts looking to obtain state funding to create smaller, more effective high schools. Foundations are being asked to play a key role in providing required matching grants. [more...]

Need to Know More About

  • CMF's E-News Archive Now Available Online
    Looking for a past issue of E-News? CMF's monthly resource for members only, featuring news from Washington and Lansing, new research, tools and information for effective grantmaking - online archive now available! (You must be logged in to access archived issues of E-News.)
  • A Firm Foundation for Programs: Partnerships with the Philanthropic Community Can Help States Leverage Resources
    Profile of Michigan's OFL in the December 2008 issue of StateNews, a publication of the Council of State Governments. As states work to deal with the current financial crisis, partnering with foundations may be a way to further innovative programs that otherwise would be underfunded or unfunded. The approach in Michigan proved successful.
  • Preparing to File the New Form 990
    For the 2008 filing year, exempt organizations will be working with a completely redesigned Form 990 – the first major overhaul in 30 years. Prepare for the changes by taking these online courses from the IRS.
  • Study Determines Revenue Neutral Flat Excise Tax Rate for Private Foundations
    Simplifying the excise tax on private foundations has been an ongoing CMF key legislative goal. At CMF’s request and with financial support from the Charles Stewart Mott Foundation, Cambridge Associates prepared a new national report to determine what a revenue neutral flat excise tax would be for private foundations. The report concluded that based on an analysis of the most recent five year period for which substantive data is available (2000-2004) that the revenue neutral percentage is 1.32%.

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