Council on Foundations is Watchful of Tax Relief Act :: PNNOnline ::

Council on Foundations is Watchful of Tax Relief Act :: PNNOnline ::: "Steve Gunderson, president and CEO of the Council on Foundations, issued a statement regarding the Senate Tax Relief Act of 2005.


'The Council on Foundations has consistently supported reform and we believe that reform is best defined in the consensus recommendations advanced through the Panel on the Nonprofit Sector.


We believe that the charitable reform provisions included in the Senate Tax Relief Act of 2005 are much improved from those originally proposed by the Senate Finance Committee staff in a June 2004 discussion draft. However, there are still a number of issues that need to be addressed during the upcoming House-Senate conference on the bill."