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Protect the Charitable Giving Incentive
- posted by Liz Stoeckel
- Featured Posts
We wanted to share a federal policy update with you fresh off last week's Montana Nonprofit Association conference in Billings. We had the opportunity to hear from Tim Delaney, President & CEO of the National Council of Nonprofits, about proposed changes to the federal charitable giving incentive. We pulled this blog post off their website:
The charitable giving incentive that supports the work of all charitable nonprofits is at risk!
You can help protect the charitable giving incentive by signing onto the nonprofit community letter. Sign on!
Federal tax law currently encourages individuals to support charitable organizations whose missions they support by providing an itemized deduction. Policymakers in Washington are looking for ways to reduce the federal budget deficit through spending cuts, entitlement reforms, and changes to the tax code. Politicians from across the political spectrum have put forward plans to address these issues, and all propose changing the charitable deduction in one way or another. No one knows the true impact that any of these proposals will have on the ability of nonprofits to raise the resources needed to provide the programs and services that fulfill their missions.
Join the effort of the nonprofit community to tell Congress it must make no changes to the charitable giving incentive that threaten the ability of nonprofit organizations to continue to serve the needs of individuals and communities. Learn more.