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ACR News 10.17.14—Wyden, Hatch, and Boehner Comment on Tax Reform

>> Federal: Washington Roundup
>> Federal: Annual Meeting Completed
>> Consider This: Powerful Imagery
>> Top Reads: Give to Charity Like Bill Gates…Without Being Bill Gates


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Philanthropic Achievement of the Week

1997 - Violence-Free Zones

Philadelphia memorial

In the 1980s, Sister Falakah Fattah and her husband, David, used the House of Umoja, a neighborhood group they founded, to help Philadelphia’s gangs negotiate truces and reduce violence. Robert Woodson of the Center for Neighborhood Enterprise (CNE), an “intermediary” that helps local nonprofits, documented the principles involved and prepared manuals, training programs, and other resources that could be used to set up similar “violence-free zones” in other strife-torn neighborhoods. The key to the system is to find young adults who grew up locally and overcame the same challenges that still face students in troubled neighborhoods. CNE puts these “youth advisers” through background checks (no youth or sexual crimes) and drug, alcohol, and health testing, then trains them in identifying, mediating, and solving various types of conflicts. Once trained, the advisors are hired by local nonprofits and spend their days at schools focusing on the most troublesome students. The same students who lead disruption can, with coaching by advisors they respect, learn to turn their leadership skills in more productive directions.

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ACR News 10.03.14—The Fight for the Ways and Means Gavel

>> Federal: Washington Roundup
>> Federal: Fight for Ways and Means Gavel Continues
>> Federal: Letter to Ryan
>> Federal: Previewing the 2014 Annual Meeting of The Philanthropy Roundtable
>> Federal: The Effects of a 100 Percent Charitable Deduction
>> Federal: TPC Field Seminar Series
>> Top Reads: Tax breaks worth billions set to expire unless Congress acts


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ACR Blog: (VIDEO) The Effects of a 100 Percent Charitable Deduction


In the August 22 edition of the ACR newsletter, we shared a story about Puerto Rico adopting a 100 percent charitable deduction in 2011. The deduction led to a 70 percent increase in the number of individuals who made charitable donations in Puerto Rico, according to a report released by the Flamboyan Foundation.

The Flamboyan Foundation is a private, family foundation focused on improving educational outcomes for children in public schools in Washington, D.C. and Puerto Rico, according to its website. The Alliance for Charitable Reform recently interviewed Kristin Ehrgood, president of the Flamboyan Foundation, about the implementation of the tax deduction, the results of the Flamboyan Foundation’s study, and how studying donor behavior could help expand charitable giving in Puerto Rico.

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Philanthropic Achievement of the Week

1997- Olin College of Engineering

College of Engineering

Franklin Olin didn’t finish school, but he was mechanically gifted and studied on his own so that at age 22 he passed the entrance exam for Cornell University, where he studied engineering. He proved to be a natural entrepreneur, and when Olin died in 1951 his bequest made his foundation one of the largest in the nation. For years, the F. W. Olin Foundation supported science and engineering projects; then the trustees decided to create a brand-new college to offer students Franklin-Olin-style twists on engineering. The Olin College of Engineering, chartered in Needham, Massachusetts, in 1997, particularly aimed to make its engineers more creative, more entrepreneurial, more interdisciplinary and comfortable working in teams, and equipped with better communications skills. All of these elements were lacking in traditional engineering training.

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Federal | State | Proper Oversight

Opinion: Dark Money

In an editorial published Wednesday by National Review Online, Bill Zeiser, a Ph.D. student at Hillsdale College, takes on the task of explaining the critical role of anonymous giving to philanthropic privacy. Zeiser cites an article authored by Adam Meyerson, president of The Philanthropy Roundtable, about the misconceptions surrounding so-called ‘dark money,’ the role anonymous donations play in upholding freedom of association, and the necessity of protecting a charitable donor’s identity in a thriving civil society.

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ACR Blog: The 2014 Philanthropy Roundtable Annual Meeting

The Philanthropy Roundtable Annual Meeting is quickly approaching. On October 9 and 10 we’ll be in Salt Lake City, Utah to explore meaningful and effective giving that solves our nation’s greatest problems.

Click below for a five minute video interview with Lindsay Miller, our managing director of events, discussing what’s in store.

 

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Philanthropic Achievement of the Week

1937- The Guggenheim

Guggenheim


Solomon Guggenheim was born into a wealthy mining family, and expanded his fortune through his own mining ventures. He turned to philanthropy full time after the First World War. The Solomon R. Guggenheim Foundation was launched in 1937 “to promote the understanding and appreciation of art, architecture, and other manifestations of visual culture, primarily of the modern and contemporary periods, and to collect, conserve, and study the art of our time.” It opened its first museum in 1939, showcasing samples of Guggenheim’s unusual collection. The foundation consistently promoted Solomon’s interest in the current, the abstract, and the unusual, even in its buildings.

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CGC Thanks Ryan in Letter for Comments Supporting Charitable Deduction

Coalition Also Expresses Concern Over Floor, AGI Limitation, Evaluation

The Charitable Giving Coalition sent a letter to House Budget Committee Chairman Paul Ryan (R-WI) today thanking him for his comments supporting the value of the charitable deduction. Ryan has voiced support in recent interviews for avoiding a cap on the charitable deduction.

The coalition also reiterated concerns in the letter over proposed provisions in House Ways and Means Committee Chairman Dave Camp’s (R-MI) Tax Reform Act of 2014 that would implement a two percent floor on the charitable deduction, streamline adjusted gross income limitations, and require gifts of property to be evaluated according to basis instead of fair market value.

Click here to read the full letter.

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ACR News 09.19.14—Congress Returns, Camp Plan Effect on Charitable Giving

>> Federal: Washington Roundup
>> Federal: Tax Extenders Delayed
>> Federal: Urban Institute Releases Report
>> Federal: Consider This
>> Top Reads: Study finds Camp’s tax reform would reduce charitable giving


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