By Ruth Masterson, ASF
Do foundations that employ staff need to do anything in response to the new Affordable Care Act (ACA)? Yes! All private foundations (whether family, independent, corporate, company, operating, grantmaking, trust, or corporation) are included with other nonprofits under this law.
All employers must notify employees about the change in law. You should have done this by October 1, 2013—so if you haven’t yet, be sure to act now.
Three other points about the ACA to keep in mind: