In the opening session of the 2015 ACR Summit for Leaders, we had a bit of fun with messaging around the charitable deduction while conveying the critical importance of communicating to Congress that this part of our tax code must be protected. In this session four speakers delivered four different messages about the charitable deduction and audience members voted for the most persuasive message. The presenters and moderator were all members of the Charitable Giving Coalition, which has provided a unique and unified voice on Capitol Hill on issues affecting the charitable deduction since 2009.
The business triumphs of Denny Sanford allowed him to retire to Florida at age 45–but he was soon itchy and returned to the upper Midwest where he had spent his entire previous life. After further commercial successes, he started giving away money. He turned his attention to the Sioux Valley Hospitals and Health System, beginning with a $16 million gift for a children’s hospital designed like a fairy castle. With his $400 million donation in 2007 (the largest single gift ever made to a U.S. health-care organization), the nonprofit was renamed Sanford Health. Sanford Health now includes nearly three dozen hospitals and more than 140 clinics, centered on South and North Dakota but spread across eight states, making it one of the largest rural, not-for-profit health systems in the nation.
ACR Among the Coalition Members to Sign, Send Letter
The Alliance for Charitable Reform joined in sending a letter from the Charitable Giving Coalition to newly-elected members of Congress urging them to protect the full value and scope of the charitable deduction as budget and tax-related legislative items are considered. See the full text of the letter below.