On April 25 a letter from 229 economists was featured in Politico on the value of the charitable deduction. View the letter and full list of signers below.
NEW BOOK ON TRANSPARENCY IN PHILANTHROPY
The Philanthropy Roundtable has published a new book by noted legal scholar John Tyler of the E. M. Kauffman Foundation, titled Transparency in Philanthropy: An Analysis of Accountability, Fallacy, and Volunteerism addressing recent calls for more transparency in private philanthropy and how philanthropic organizations can respond.
In an interview with Bloomberg TVs “Market Makers” Gail McGovern, president and CEO of the American Red Cross, and Carolyn Miles, president and chief executive officer of Save the Children, discuss the impact of the Fiscal Cliff budget deal on charitable giving tax incentives.
On New Year’s Eve the Senate passed a bill, the American Taxpayer Relief Act of 2012 (H.R. 8), that would avert the tax components of the fiscal cliff, and delays for two months the massive spending cuts set to take effect as part of “sequestration.” The House passed that bill late last night by a vote of 257 to 167, and it is now on its way to President Obama for his signature. Here is a quick recap of what the bill will do and what is of interest to the charitable giving community:
Tuesday’s call concluded the three-part series of election impact and lame duck briefings hosted by the Alliance for Charitable Reform. Thank you to all who participated on these calls. We hope you found the content insightful and useful to your work.
Charitable Organizations Must Continue to Educate Congressional Leaders About the Value of Charity
WASHINGTON, D.C.— Following a full day of meetings on Capitol Hill with more than 250 other leaders from the charitable sector, the Alliance for Charitable Reform (ACR) reiterated the need to continue working with Congress to ensure the charitable deduction remains unchanged during fiscal cliff negotiations.
On Wednesday, December 5th, over 250 nonprofit and charitable sector leaders will be in Washington, D.C. for “Protect Giving – D.C. Days” to urge members of Congress and their staff to protect the charitable tax deduction during “fiscal cliff” and deficit negotiations.
Participants representing thousands of communities in every state will urge Congress to protect a 100-year-old American tradition of common-sense tax policies that help support critical programs and services on which millions of Americans rely.
We expected this would be an issue for next year during tax reform, but the deduction is on the chopping block right now during the lame duck session. Our representatives need to hear from us how reducing or eliminating the charitable deduction would harm those whom we serve.
If you can’t be in Washington to meet with policymakers we urge you to still participate. Here’s how…
Tweet your support for the charitable deduction to #protectgiving
Multiply the impact - Ask your friends and colleagues to: send emails to their representatives, promote your blog posting or blog themselves, tweet to #protectgiving
60 minutes
Send emails to your representatives
Blog about the charitable deduction
Tweet your support for the charitable deduction to #protectgiving
Post to Facebook
Shoot a quick video on your phone or computer talking about your support for the charitable deduction and share it.
Multiply the impact - Ask your friends and colleagues to: send emails to their representatives, promote your blog posting or blog themselves, and tweet to #protectgiving
Write a letter to the editor of your local paper.
Contact us at .(JavaScript must be enabled to view this email address) with questions.
Election Impact Part III: Lame Duck and Fiscal Cliff
Focus on the Charitable Sector
Conference call Tuesday, December 18, 2012
11:00 - 11:45 a.m. EST
Line: 1-888-450-5996
Participant Code: 832 317
This event will cover up-to-the-minute developments on Capitol Hill since our Election Update call on November 29th. Everyone is welcome to participate, although this call is off-the-record for media.
RSVP to .(JavaScript must be enabled to view this email address) by Monday, December 17.