is the protection of philanthropic freedom – the right of Americans to choose how and where to spend their charitable assets. A project of The Philanthropy Roundtable, ACR educates legislators and policymakers about the central role of private charitable giving in American life and the dangers of legislative or political measures that would weaken or constrain the philanthropic freedom that makes such giving possible.
Since 1917, America has recognized the value of the charitable deduction, which has served as the bedrock of our altruistic society and is a model for the world. It must continue as a fundamental tenet of our tax system.
The current two-tiered tax provision is simply a disincentive for foundations to increase giving in any one year.
>> Federal: Washington Roundup >> Federal: Working Groups’ Future Uncertain >> Federal: Attention Shifts to Tax Extenders >> Federal: Rand Paul Proposes a Flat Tax with a Charitable Deduction >> Federal: High Noon for Charity? >> Consider This: Avoiding the Surprise >> Top Reads: Charitable Giving Rises Past Prerecession Mark Washington Roundup Lawmakers left town […]
The Charitable Giving Coalition (CGC) – a group of over 60 national nonprofit and foundation organizations, including ACR – will contact every officially declared candidate for the 2016 election for President of the United States urging them to support the full preservation of the charitable deduction “We realize that you will consider a number of […]
Inside info from Capitol Hill: Senate Finance Committee Working Group deadline extended to July 6. Look for more in tomorrow’s newsletter.
Last August, we blogged about the rise of private charitable giving in the preservation of Italy’s numerous historical and cultural landmarks. The Italian government now allows individual donors to receive a credit equal to 65 percent of charitable giving over three years. Some of Italy’s most famous citizens and corporations have stepped up to the […]
A recent New York Times op-ed by David Callahan offers a long list of inaccuracies and dangerous ideas regarding the regulatory oversight of charities. Callahan is the founder and editor of the Inside Philanthropy digital media site. His piece was ostensibly written in response to recent charges brought by federal and state authorities against four […]
>> Federal: Washington Roundup >> Federal: Finance Committee Sets New Working Group Deadline >> Federal: Despite Roadblocks, Ryan Still Working on Tax Reform >> Federal: Consider This: Donor-Advised Funds Changing Philanthropy >> Top Reads: NAB report: Charity Giving Has Slowed Washington Roundup Congress returned to Washington last week, following their Memorial Day recess. The Senate […]
The Philanthropic Achievement of the Week will highlight significant historical philanthropic achievements throughout history that showcase the wide-reaching impact of private charitable giving. To see previous achievement spotlights, click here. This week’s spotlight is below: 1861: Sanitary Commission Saves Lives in the Civil War Once the Civil War began, charitable groups rushed to aid soldiers. The […]