Description

The federal reconciliation budget bill signed into law this summer put forth changes to tax law that may influence how corporations approach their charitable giving. Join PhilMO and Council of Michigan Foundations to discuss the implications and opportunities of the new 1% floor on deductible corporate charitable donations. 

With expert guest speaker Kate Stobbe and funder voices from Missouri and Michigan,  participants will learn about different strategies that companies are using to comply with the new law and continue their support and commitments to the communities they serve. 

If you or your counsel's office have insights to share with your peers on this topic -- or questions in addition to the 1% floor, please contact Michelle at michelle (at) philmo.org.

KEY TAKEAWAYS

✅ Underscore the importance of continuing corporate philanthropic support for communities. 

✅ Understand the implications of the new tax bill for both corporate giving programs and corporate foundations.  

✅ Learn strategies to comply with new requirements and continue your corporate giving commitments. 

✅ Discover opportunities that may come with this new provision, like providing larger multi-year unrestricted grants. 

GUEST PRESENTER

Kate Stobbe, Director-Corporate Insights, Chief Executives for Corporate Purpose (CECP)

Kate Stobbe, is the Director of Corporate Insights at CECP, Chief Executives for Corporate Purpose. With more than 10 years of Corporate Social responsibility experience, Kate leads CECPs insights team, augmenting CECP’s ability to empower companies on their purpose journey.  

Prior to CECP, Kate worked on the Digital Services team at United Way Worldwide, providing subject matter expertise and insights to help advise UWW corporate partners in their CSR efforts, create value-add products, and worked with the broader United Way network in their efforts to better serve their partners.

Kate has worked in corporate social responsibility at several large, multi-national companies headquartered in Chicago, IL and Denver, CO. In her roles, she focused on strategy, employee engagement, ESG reporting, and corporate philanthropy. She also spent several years at various nonprofits, including two years as an AmeriCorps member in the state of Oregon.  

Kate has a graduate certificate in Philanthropy and Nonprofit Management from Loyola University Chicago and a Bachelor of Arts in Political Science from Luther College. She is passionate about climate change, DEI, and education as well as home improvement projects and traveling with her family. She calls Livermore, California, home where she lives with her spouse and two children. 

Audience & Registration

This session is designed with the PhilMO Corporate Funder Network and PhilMO Public Policy & Advocacy Network in mind. 

Any PhilMO Member or Missouri funder may register. PhilMO is co-hosting this program with our colleagues at Council of Michigan Foundations.

PhilMO Members may participate for free. If this is your first interaction with the new PhilMO website, choose “Create New Account” when registering. 

Non-Member Missouri grantmakers may participate for a fee of $75. Non-Members should choose “Non-Member Funder” to register and submit payment.

If you encounter any challenges registering for this program or otherwise navigating the new website, help is available by contacting info@philmo.org.