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MCF Signs On To Letter Supporting Private Foundation Excise Tax Simplification

Release Date: 
11/18/2019

The Minnesota Council on Foundations has signed onto a letter to House leadership and Ways and Means Committee leadership in support of simplifying the private foundation excise tax to a revenue-neutral flat rate of 1.39%. The letter is being...

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Private Foundation Excise Tax Simplification Seems Possible

Release Date: 
11/05/2019

MCF and the broader philanthropic field have long been advocates for simplifying the private foundation excise tax to a flat rate. This long-time priority has moved into the realm of the possible -- our national partners and the field have united...

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MCF Submits Written Testimony to House Ways and Means Committee on Tax Reform

Release Date: 
04/04/2019

On March 27, 2019, the House Ways and Means Committee held a hearing on the '2017 Tax Law and Who It Left Behind.' This hearing presented an opportunity for the independent sector to voice its concerns about the tax law's impact on charitable...

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