Conference Notebook: How the White House Decided to Propose Limits on Charitable Deductions

A White House official offered insights to foundation leaders about how the Obama administration decided to propose limits on charity tax breaks available to the wealthy, in a session at the annual Council on Foundations meeting highlighted in the Chronicle of Philanthropy’s conference notebook.

Plus:

• Why the Madoff scandal has caused a “trust deficit” as foundations decide where to invest.

• Foundation leaders debate a watchdog group’s recommendations to make big changes in the allocation of grants.

• Michael Bloomberg, mayor of New York, outlines how the city is trying to help nonprofit groups deal with the recession.

• A Treasury Department official says the Obama administration is open to revising guidelines for foundations that give overseas.