Hope you have had a great summer so far.
I'd like to update you on a matter that you might already be aware
of. It has been percolating through D.C. for some months now. During this summer recess, if you see your Congressmen around town, you may want to let them
know how important the Combined Federal Campaign (CFC) is to your nonprofit and
its clients. The Office of Personnel Management (OPM) released proposed
regulatory changes to the CFC and congress will be
weighing in on these proposed revisions when they return from break in September.
The key proposed changes may include:
- a new flat application fee for participating
- restricting giving options to electronic ones
(credit, debit); eg: no checks, cash or other financial instruments
- replacing local management of the CFC
with a more centralized/regional management
The OPM has already collected feedback on the proposed
changes that, if approved, would take effect in 2014. The U.S. House of
Representatives’ "Oversight and Government Reform Committee” is currently
considering the impact of the OPM’s proposed regulation changes.
a great rest of the summer! As always, if you’d like to discuss this matter,
feel free to contact me.