Philanthropy Achieves Results Join us as we preserve and protect the Freedom to Give Private Giving is the Seed of Innovation

Latest News

Federal Legislation

President Obama Releases FY 2012 Budget Propsal

President’s Budget Calls for Sharp Reduction in the Charitable Deduction Again

In his Fiscal Year 2012 budget proposal, President Obama again included a cap on the charitable deduction for upper-income taxpayers. The provision proposes to “limit the rate at which high-income taxpayers can take itemized deductions to a maximum of 28 percent, affecting only married taxpayers filing a joint return with income over $250,000 (at 2009 levels) and single taxpayers with income over $200,000,” and it would take effect January 1, 2012.  It’s worth noting that the charitable deduction was NOT

singled out.  Like last year, the cap is on ALL itemized deductions, including the charitable deduction.

Continue reading...

ACR newsletter (2.11.11)

Current Issue

Friday, February 11, 2011

The latest edition of the ACR newsletter is available below. Here are highlights:
Washington Roundup

  • Friend Leaves the Senate
  • President’s Budget
  • Startup America Initiative
  • White House Council on Community Solutions

Consider This: B-Day Not V-Day! President’s FY 2012 Budget to be Unveiled on Valentine’s Day

Click continue reading for the latest edition of the ACR newsletter.

Continue reading...

Federal Legislation

B-Day Not V-Day! President’s FY 2012 Budget to be Unveiled on Valentine’s Day

Consider this…

Here in DC, budget season is about to kick off with a vengeance. This year, the federal budget process promises to be messier than most.

We expect the President’s budget to be unveiled on Valentine’s Day and then promptly shelved.  Later in the week, the House intends to debate legislation to extend the operations of the government past March 4th for the remainder of the fiscal year ending on September 30, 2011.  We understand they plan to do so under what is known as an open rule - something more often seen in the Senate. Under this rule, during the budget debate any House member can offer an amendment to the budget bill, talk about it and then ask House members to vote on it – a tedious and time-consuming process.  This translates into a free-for-all on the House floor. Why do this? By allowing freshmen to engage directly in the legislative process and offer spending cuts, Republican leadership expects to amass political chips it can use down the road when they need votes for more meaningful legislation – such as voting to increase the amount of debt the U.S. can borrow (i.e., raising the “debt ceiling”).

Why do this? What about the substance of the budget? 

Continue reading...

Event Update: Speakers Announced!

2011 Summit for Leaders, March 8

New speakers include:

George Callas, Senior Tax Policy Advisor, House Ways & Means Committee Chairman Dave Camp (R-MI)
John A. Edie, Exempt Organizations Tax Services, PricewaterhouseCoopers
Wendy Guillies, Vice President of Communications, Ewing Marion Kauffman Foundation
Jeff Hamond, Economic Policy Director, Senator Charles Schumer (D-NY)
Evan Liddiard, Senior Tax Policy Advisor, Senator Orrin Hatch (R-UT)
Karen McAfee, Minority Oversight Staff Director, House Ways & Means Committee
Jon Pratt, Executive Director, Michigan Council of Nonprofits
William A. Schambra, Director, Bradley Center for Philanthropy and Civic Renewal, Hudson Institute
Daniel P. Schmidt, Vice President for Programs, Lynde and Harry Bradley Foundation

For more on the 2011 Summit for Leaders click here.

ACR newsletter (1.28.11)

Current Issue

Friday, January 28, 2011

The latest edition of the ACR newsletter is available below. Here are highlights:

Washington Roundup

  • State of the Union
  • House Ways and Means Hearing on Tax Reform
  • Exstate Tax
  • White House Council on Community Solutions

Consider This: State of the Union 2011: Prom Night for Democrats and Republicans

Click continue reading for the latest edition of the ACR newsletter.

Continue reading...

Federal Legislation

State of the Union 2011: Prom Night for Democrats and Republicans

Consider this…

Earlier this week, we saw the pomp and circumstance of the State of the Union married with the question that strikes fear in the heart of anyone who is or has ever been in high school, “Who are you taking to prom?”

In an attempt to show that Democrats and Republicans can really, really get along, a number of members reached across the aisle and asked their counterparts to sit with them for the State of Union - a practice quickly dubbed as “going to the prom” by the media and others on Capitol Hill. Congressmen Peter King (R-NY) and Anthony Weiner (D-NY), seen a few months back screaming at each other on cable television, were seatmates. Senators Dick Durbin (D-IL) and Mark Kirk (R-IL) also partnered up, with Durbin saying, “I’m bringing the popcorn; he’s bringing a Coke with two straws. Just kidding of course.” And some hearts were dashed - former Speaker Nancy Pelosi (D-CA) turned down Majority Leader Cantor (R-VA) as she already had a date with Rep. Roscoe Bartlett (R-MD).

So just what did we hear and what did we not hear in the State of the Union address?...

Continue reading...

Federal Legislation

112th Congress

Consider this…

Policymakers in Washington, like millions across the country, are reeling from last weekend’s events in Arizona. Those events have delayed the launch of legislative activity in the House.

The Senate is not expected to return until the 24th of January, the day before the President’s State of the Union Address. That speech will be a roadmap of what we can expect in the latter half of his term.  Surely we can expect the President to talk about the need for deficit reduction, but will he talk about tax reform and if so, will it be as an aside or the centerpiece of his address?...

Continue reading...

ACR newsletter (1.14.11)

Current Issue

Friday, January 14, 2011

Welcome to 2011! We’re anticipating a busy year ahead and look forward to keeping you up to date on the issues that matter to our community.

The latest edition of the ACR newsletter is available below. Here are highlights:
Washington Roundup

  • Ways and Means Committee Action
  • Congressional Schedule
  • Sen. Grassley Asks ECFA for Input

Consider This: Congress Kicks Off 2011

Click continue reading for the latest edition of the ACR newsletter.

Continue reading...

Events

Save-the-Date

2011 ACR Summit for Leaders
March 8, 2011

This coming March the Alliance for Charitable Reform will host the 2011 ACR Summit for Leaders in Washington, DC. We invite foundation executives, nonprofit leaders, and other interested in discussions on public policy issues impacting the charitable community. Our speakers will include Congressional staff, policy experts and nonprofit leaders. Further details will be announced in January.

March 8, 2011
8:30 a.m. - Noon
Capitol Hilton
Washington, DC

This event will precede “Foundations on the Hill” hosted by the Council on Foundations and Forum of Associations of Regional Grantmakers.

Missed the 2010 Summit? Click here for a recap.

Federal Legislation

Reading the Tea Leaves on Taxes and Tax Reform

Consider this…

Both the House and Senate have passed an $858 billion two-year extension of the Bush tax cuts and that measure is headed to the President’s desk for signature.

So what comes next on taxes? Let’s read the tea leaves, shall we?

Continue reading...

Page 38 of 52 pages ‹ First  < 36 37 38 39 40 >  Last ›