Category: News

Coalition: Ending Charitable Deduction Not Just ‘Dollars-And-Cents-Story’

By Katie Bascuas A new study by the Tax Foundation, a nonpartisan tax research group, does not present the whole picture of the effects of eliminating the income tax deduction for charitable giving, according to the Charitable Giving Coalition. “The story is much broader than an economic story,” said Steven Woolf, senior tax policy counsel […]

Tax Reform “Blank Slate” NAE: Preserve the Charitable Tax Deduction

By National Association of Evangelicals Dear Chairman Baucus and Ranking Member Hatch: In light of the committee’s “blank-slate” tax reform plan, we urge you to preserve the charitable tax deduction as it currently stands. We are encouraged that many elected leaders recognize the value of the faith community and other charities, even as tough decisions […]

Religious Charities Ask Congress to Save Charitable Deduction in Tax Overhaul

By Doug Donovan Members of a newly formed coalition of religious charities visited Capitol Hill last week to persuade members of the Senate to back the charitable deduction as they draft recommendations for a massive federal tax overhaul that must be submitted by Friday. Lawmakers are working to meet a deadline set by Sen. Max […]

Why Take Away America’s Incentive to Give?

By Susan N. Dreyfus As lawmakers take on the gargantuan task of reforming our tax code, teams of lobbyists have already begun to line up to defend tax credits and exemptions that support special interests. There is one group of Americans, however, who do not have access to lobbyists and lawyers. They are the 1 […]

The Heat is On: Tamper with the charitable deduction and communities, needy lose

By Rev. Larry Snyder Nonprofit organizations that depend on the generosity of donors are currently facing an urgent threat as Congress considers proposals that will upend the charitable tax deduction. The Senate Finance and House Ways and Means committees have presented tax reform options to modify the charitable deduction as they consider overhauling America’s tax […]

Charitable Coalition to President: Don’t Do It

The Charitable Giving Coalition, a group of nearly 50 associations and nonprofits, sent a letter to President Obama urging him to not go forward with new limits caps or other proposals that would limit charitable deduction. “We appreciate that there are significant decisions ahead to address our fiscal challenges. But, tampering with the 100-year-old charitable […]

Nonprofit Coalition Urges President to Reconsider Cap on Tax Deductions

In an open letter to President Obama, the Charitable Giving Coalition, a group of nonprofits and advocacy organizations working to preserve the charitable deduction in its current form, argues that the cap on deductions for the wealthy included in the administration’s 2014 budget proposal “would spell disaster for the vital programs and services of thousands […]

Nonprofit Coalition Creates New Charitable Deduction Website

By Zack Halper As budget season in Washington, D.C. begins to heat up, a coalition of nonprofits has created a new website that advocates leaving the charitable deductions out of budget talks between the White House and lawmakers. The new site, ProtectGiving.org, was created by the Charitable Giving Coalition, a group of 60 nonprofits — […]

Foundation Leaders Urge Congress to Leave Charitable Tax Deduction As Is

Gathered in Washington, D.C., earlier this week for the annual Foundations on the Hill event, leaders from the philanthropic and nonprofit sectors urged lawmakers to think twice about modifying the charitable deduction as part of any solution to the country’s fiscal dilemma. Sponsored by the Council on Foundations, the Alliance for Charitable Reform, and the […]