Browsing articles in "News"

The Non Profit Times Power & Influence Top 50 2014

Aug 1, 2014   //   News  //  No Comments

Several Leadership members were recognized as part of the Non Profit Times Power & Influence Top 50 2014.

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Many Groups Seek New Sources of Funds as Economy Recovers, Study Finds

Apr 7, 2014   //   News  //  No Comments

By Ben Gose

When the Boys & Girls Club of Greater Nashua, in New Hampshire, lost a federal grant that supported its arts programs five years ago, the club had to lay off its dance director and rely on intermittent volunteers. Its arts offerings became sporadic, and some teenage girls stopped coming to the club.

Last year brought another blow from a once-dependable source of funds: The local United Way cut its operating support in half, a $50,000 hit to the Boys & Girls Club’s bottom line.

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Comments on the Tax Reform Act of 2014

Feb 28, 2014   //   News  //  No Comments

The Charitable Giving Coalition, representing a broad cross-section of nonprofit organizations across the country, applauds the tireless work of Chairman Camp and his staff. We appreciate the Chairman’s recognition of the importance of preserving a charitable deduction, signaling that this is a unique giving incentive that encourages generous Americans to support charitable causes. However, we are concerned about some provisions that would negatively impact charitable giving and the philanthropic programs and services provided by our nation’s charities.

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House Tax Plan Would Limit Charitable Deduction

Feb 27, 2014   //   News  //  No Comments

By Alex Daniels

Nonprofit advocates slammed a plan offered Wednesday by the chief tax architect of the House that would sharply limit charity tax breaks for people at all income levels.

Under the plan, people would be allowed to deduct only the amount above 2 percent of income they give to charity. That is a contrast to President Obama’s repeated efforts to limit the value of the deduction only for people who are in the highest tax brackets—an idea charities have successfully fought throughout his administration.

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Charitable Deduction Probably Safe for 2014, Say Experts

Jan 16, 2014   //   News  //  No Comments

By Alex Daniels

Nonprofit experts are confident the charitable tax deduction will emerge unscathed from the current session of Congress, but they are less certain how lawmakers will deal with several tax breaks for charities that expired at the end of 2013.

President Obama has long pressed to limit the tax savings wealthy people can get for itemized deductions, including for charitable gifts, and he will likely reprise such an approach in his proposed budget next month. Solitary changes in tax policy, however, stand little chance of success unless they are cobbled together with other tax items. Putting together a large tax bill, budget experts say, will be difficult before the midterm elections in November.

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Government shutdown didn’t stop charitable giving

Dec 8, 2013   //   News  //  No Comments

By Meg Mirshak

Despite the government screeching to a halt this fall, many federal workers and contractors didn’t stop giving to area charitable campaigns.

Worries that the 16-day federal government shutdown would threaten donations to the annual United Way of the CSRA campaign were unwarranted, said Rina Powell, the senior director of resource development for the United Way of the CSRA. Although some campaigns coincided with the October shutdown when many workers were furloughed, most of the United Way’s largest workplace contributors met their goals.

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Lawmakers Get Earful On Protecting Charitable Deduction

Nov 20, 2013   //   News  //  No Comments

By Paul Clolery

Two United States senators have drafted a letter to their leadership to save the charitable deduction at its current levels. The letter was unveiled today in Washington, D.C., during “Protect Giving Day.”

The bi-partisan support of Sens. John Thune (R-S.D.) and Ron Wyden (D-Ore.), both members of the Senate Finance Committee that oversees tax policy, warned in the letter that any limitations to the charitable tax deduction would have consequences. It is being circulated for additional signatures from other senators.

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Protect Giving Day lobbyist hit Capitol Hill

Nov 20, 2013   //   News  //  No Comments

By Kay Bell

Despite the dysfunction on Capitol Hill some things never change. Today hundreds of lobbyists are hitting Representatives’ and Senators’ offices.

This group, however, isn’t of the typical Gucci Gulch variety.

The folks looking for favorable legislation are from nonprofits and charitable organizations.

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Charities to lobby Congress to preserve tax deductions

Nov 20, 2013   //   News  //  No Comments

By Ronald D. White

Representatives of more than 200 charitable organizations plan to go door to door Wednesday on Capitol Hill to convince members of Congress that it would be a mistake to eliminate or reduce tax deductions for charitable donations.

“The Congress is desperate to find some revenue,” said Steve Taylor, senior vice president and counsel for public policy for United Way Worldwide, the nation’s biggest charity.

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November 20: America’s Communities, Charities Face Urgent Threat

Nov 14, 2013   //   News  //  No Comments

Hundreds of Charitable Sector Leaders Gather in D.C. for “Protect Giving Day,” Warn of Cascading Consequences if Lawmakers Harm Charitable Tax Deduction

On November 20th, more than 200 frontline nonprofit and charitable sector leaders will gather in Washington to warn members of Congress of the cascading consequences that could be set off by harmful limitations to the charitable tax deduction. The Charitable Giving Coalition – a group of more than 60 nonprofits, foundations and other charitable organizations – represents a growing chorus of people from throughout America delivering a clear message to lawmakers – “I am the charitable deduction” – and sharing real-life examples about the impact of charities and the ripple effects of the charitable sector at work in communities every day.

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