Howard Husock, vice president for policy research at the Manhattan Institute, is the latest featured guest in our Free to Give series. In this interview, Husock discusses the newly-released study from the American Enterprise Institute on charitable giving; the charitable deduction; independent philanthropy representing our democratic ideals; and the roles government and independent philanthropy play in our civil society.
By Jeff Jacoby
When it comes to charitable giving, America is a world-beater. According to Giving USA, an annual compendium of national data on philanthropy, Americans last year donated more than $316 billion to charity, or roughly 2 percent of GDP. Contrary to popular belief, most of that money didn’t come from foundations or corporations. It came from individuals. In 2012, donations from private American households added up to about $223 billion.
Oct 22, 2013
LOS ANGELES— Adam Meyerson, president of The Philanthropy Roundtable, highlighted the importance of the charitable deduction in preserving our nation’s civil society in his opening remarks at the organization’s annual meeting last Thursday.
By Alejandro Chafuen, Atlas Economic Research Foundation President
“To my friends everything, to my enemies, the law.” This principle of government action has been attributed to diverse Latin American totalitarian populists. Unfortunately it seems it could well apply to the Obama administration. Using this principle to guide the monitoring of philanthropic activities in the United States can have a major destructive impact.
Dennis McQuistion moderates a panel discussion on the charitable deduction featuring Meyer L. Bodoff, Brent Christopher and John T. Palter.*Video courtesy of McQuistion.
Jun 19, 2013
Coalition Working to Protect Charitable Deduction, Show Congress What’s at Stake
WASHINGTON, D.C. – The charitable tax deduction is vital to millions of disadvantaged people and thriving communities throughout America, the Charitable Giving Coalition said today. As federal lawmakers ramp up the debate on tax reform, the Coalition, a group of more than 60 nonprofits, foundations and other charitable organizations, continues to make a strong case about the importance of protecting the 100-year old tax incentive.
By Suzanne Perry
The following article was published by The Chronicle of Philanthropy and includes comments from Adam Meyerson, president of the Philanthropy Roundtable.
Americans gave $316.2-billion to charity last year, according to “Giving USA,” the annual survey of philanthropy that was released this week. And in a statistic that offers no surprises no one, that represented 2 percent of the country’s gross domestic product, the same as in 2011.
Philanthropic organizations are obligated to provide certain types of transparency – the types that are required by the federal tax system and by state laws aimed at maintaining the donor’s intent. But current heightened calls for transparency are based on other rationales: Transparency is a good unto itself and more should be required of all institutions, it is needed to ensure that philanthropy serves “public purposes,” it will counteract the “power asymmetry” between foundations and grantees, and it is necessary for a proper evaluation of philanthropic effectiveness. Upon examination, however, John Tyler would argue that none of these rationales justifies additional legally imposed philanthropic transparency, which is what advocates demand.
Dr. Steve Moore on innovative giving in the charitable community. Dr. Moore is the Executive Director of the MJ Murdock Charitable Trust Fund. As the organization’s chief executive officer, he is responsible for all programs and activities of the Trust. Steve joined the Trust in 2006.
ACR caught up with Dave Wills (President, National Christian Foundation), Brent Christopher (President & CEO, Communities Foundation of Texas), and John Ashmen (President, Association of Gospel Rescue Missions) upon conclusion of their oral testimonies during the House Ways and Means hearing on charitable giving incentives. Listen closely as the halls of Congress were abuzz!