You may recall that Senators Ron Wyden (D-OR) and John Thune (R-SD) – both members of the Senate Finance Committee that oversees tax policy – authored a letter to fellow congressional members urging them to support protecting the “full value” of the charitable deduction. The deadline for other Senators to sign-on to this letter is this Friday and we are calling on you for help. Congress needs to send a clear message concerning the importance of protecting charitable giving, so we cannot afford to pass up this bi-partisan opportunity. Please contact the staff members of your Senators responsible for this issue and urge them to encourage their boss to join Senators Wyden and Thune by signing this letter. For the appropriate staffer, please contact William Coughlin at (202) 621-1857.
Thousands of volunteers and organizations will participate in the second annual #GivingTuesday today in an effort to further support the nonprofit sector and charitable organizations. According to the organization’s website, #GivingTuesday is a movement to designate a national day of giving on the Tuesday following Thanksgiving, Black Friday and Cyber Monday.
Hundreds of members of the nonprofit sector will descend on Capitol Hill on November 20 to educate lawmakers and their staffs about the importance of protecting the charitable deduction as part of the Charitable Giving Coalition’s Protect Giving Day. Some folks visiting the Hill are making return trips. For others, this will be their first opportunity to meet with a congressional office. Whether you are a Capitol Hill veteran or a first-timer, you may have questions about how to make this meeting with a member of Congress or staffer effective and productive. We decided to seek the advice of former Capitol Hill staffers to find out what they believe is important when meeting with a congressional office.
Nov 13, 2013
By The Charitable Giving Coalition
The thoughts of the Charitable Giving Coalition’s members remain with those suffering from the devastation of super Typhoon Haiyan (known locally as Yolanda). The storm, one of the strongest ever recorded, has caused widespread destruction and loss of life in the Philippines, with thousands feared dead and cities entirely flattened. The charitable sector is stepping up to support those affected by this disaster, with several Coalition members providing aid:
The 16-day government shutdown ended on October 17 with a short-term solution that restored funding for the government through January 15 and extended the debt ceiling through February 7.
As part of this deal, the House and Senate approved unanimous consent agreements to appoint Members to work towards a broader budget agreement by December 13. The budget negotiations between the Democrat-controlled Senate and the Republican-controlled House of Representatives will be played out in a budget conference committee led by Senate Budget Committee Chairwoman Patty Murray (D-Wash.) and House Budget Committee Chairman Paul Ryan (R-Wis.).
The conference committee consists of 29 representatives, with 22 from the Senate and 7 from the House: 12 Senate Democrats and 10 Senate Republicans as well as 4 House Republicans and 3 House Democrats.
Any potential proposal that emerges from the conference committee could have ramifications for tax reform and the charitable deduction. It is possible the conference could issue “reconciliation instructions” which would set revenue levels for the tax-writing committees, requiring them to modify tax policy or entitlement savings within those parameters. For this reason, it is vital that organizations from the charitable sector continue to demonstrate the need for lawmakers to protect the charitable deduction. As part of this effort, the Alliance for Charitable Reform will be one of 60 nonprofit, foundation and charitable organizations participating in the Charitable Giving Coalition’s “Protect Giving Day” on November 20. Participants will conduct face-to-face meetings with members of Congress and their staff to give them an understanding of the devastating consequences to communities should the charitable deduction be altered or eliminated.
October 3rd marked the 100th anniversary of the federal income tax, signed into law by President Woodrow Wilson in 1913. As such it is also a time to reflect on the role the charitable deduction has played for nearly as long. Four years after the income tax was signed into law, Congress recognized the value of allowing individuals to set aside earnings tax free that were slated to be given to charitable institutions.
By The Charitable Giving Coalition
The Charitable Giving Coalition has just launched a blog! Below is the inaugural post discussing the benefits of the charitable deduction.
Welcome to the inaugural post of the Charitable Giving Coalition’s Protect Giving Blog! This fall lawmakers head into an intense period of debate to address critical issues, from deficit reduction to tax reform. Through this blog, we’ll explore the vital role nonprofits play in our communities. They are a lifeline – employing millions, providing vital services and contributing to local economic growth.
The Hudson Institute’s Bradley Center held a panel discussion Wednesday to examine the ongoing IRS controversy involving scrutiny of certain tax-exempt organizations. The discussion was a preview of a similar panel organized by the Philanthropy Roundtable during its annual meeting next month.
Sep 11, 2013
Congress returned from August recess this week and already House Ways and Means Committee Chairman Dave Camp (R-MI) wants to hit the ground running on tax reform. Camp convened the Republicans on the Committee for a meeting on Tuesday, and we understand that the group will continue to hold Members-only meetings over the next few weeks. After Tuesday’s meeting, Chairman Camp said, “We’re definitely going to step up the pace this fall – no doubt about it.” Thus, we believe the Ways and Means Committee is still on track to consider a tax reform bill sometime later this fall.
Senate Finance Committee Chairman Max Baucus (D-MT) and House Ways and Means Committee Chairman Dave Camp (R-MI) discuss tax reform on the Fox Business Channel.