Thune

Events

ACR Convenes Over 70 Leaders of the Charitable Sector in the Nation’s Capital

2010 Summit for Leaders in Washington D.C.

ACR Convenes Over 70 Leaders of the Charitable Sector in the Nation’s Capital

ACR thanks all of the foundation and non-profit organizations for joining us yesterday at the 2010 Summit for Leaders.

Sessions included a survey of the national political landscape from top congressional staffers, a spirited discussion on big ideas in protecting philanthropic freedom, and tactics to engaging your legislators from a former member of Congress.

The day concluded with a toast to Senator John Thune for his work in protecting the charitable deduction.

Full summaries of the event are coming soon!

***Final agenda added below***

Further Reading

Federal Legislation

Thune Speaks Out on the FY 2011 Budget

Thune defends the charitable deduction at a critical time

Senator John Thune released a press response to the president’s 2011 budget.

According to the press release, this budget proposal reduces the federal tax deduction for charitable deductions (like President Obama’s budget proposal last year). Notably, Senator Thune was successful in getting his amendment to the FY 2010 budget to preserve the full deduction approved in the Senate by a vote of 94-3 last April. It was eventually stripped from the final budget bill

Thune notes, “At a time when many in our country and around the world are struggling, any action that could limit charitable giving should not be undertaken,” added Thune. “I will continue working with my colleagues to preserve the full deduction for charitable giving.” 

ACR will continue to work with Senator Thune who has been a champion for the philanthropic sector in protecting the charitable deduction.

For more on Thune’s work, click the “Thune” tag below.

Further Reading

Charitable Giving Should Not Be Punished

U.S. Senator Thune on the Administration’s proposal to limit charitable giving

Charitable Giving Should Not Be Punished

Senator John Thune of South Dakota explores the impact of President Obama’s proposal to reduce the charitable tax deduction. Thune makes the case for why the charitable community will be hurt by diminished giving and makes clear his stance to preserve the full charitable tax deduction.

Further Reading