is the protection of philanthropic freedom – the right of Americans to choose how and where to spend their charitable assets. A project of The Philanthropy Roundtable, ACR educates legislators and policymakers about the central role of private charitable giving in American life and the dangers of legislative or political measures that would weaken or constrain the philanthropic freedom that makes such giving possible.
The current two-tiered tax provision is simply a disincentive for foundations to increase giving in any one year.
The Philanthropy Roundtable's 2017 National Forum on K-12 Philanthropy will be held at the Ritz-Carlton Pentagon City in Arlington, Virginia.
Secretary of Treasury Steven Mnuchin is slated to appear before a hearing of the Senate Finance Committee today on the president’s fiscal year 2018 budget and tax reform. In preparation of that appearance, the Charitable Giving Coalition, of which ACR is a member, issued a statement yesterday highlighting findings in a recent study on charitable giving […]
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New research released today by Independent Sector finds that expanding the charitable deduction to all Americans could increase charitable giving by nearly $5 billion annually, while other proposals – such as expanding the standard deduction – could reduce giving by as much as $13 billion. The study, conducted by the Indiana University Lilly Family School […]
People who follow the issue of philanthropic freedom are likely to be familiar with David Callahan, who runs the web site Inside Philanthropy and is a critic of much of what we try to protect here at the Alliance for Charitable Reform, such as preserving donors’ right to remain anonymous and to ensure the government […]
President Trump vowed to “get rid of and totally destroy the Johnson Amendment” while speaking at the National Prayer Breakfast on February 2, 2017, referring to the prohibition all 501(c)(3) organizations from participating or intervening in any political campaign on behalf of (or in opposition to) any candidate for public office. Senator Lyndon Johnson (D-TX) […]
WASHINGTON, D.C.— Reps. Erik Paulsen (R-MN) and Danny Davis (D-IL) reintroduced on May 4 H.R. 2386, the Private Foundation Excise Tax Simplification Act, which will result in more funds being available for charities. Reps. Pat Tiberi (R-OH), George Holding (R-NC), and Richard Nolan (D-MN) are original cosponsors of the legislation. “The House of Representatives has […]
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Little evidence that foundation abuse is “common” The Boston Globe published a blog post yesterday titled “It’s a tax rip-off” that describes the salaries paid by the James. G. Martin Memorial Trust to three daughters of the founder (who is still living, according to the article) and quotes several individuals suggesting the salaries are inappropriate: […]
WASHINGTON, D.C.— The Alliance for Charitable Reform (ACR) released the following statement upon the recent release of President Donald Trump’s tax reform proposal. “We applaud the administration for preserving the charitable deduction and for recognizing that it is a lifeline for millions, not a tax loophole,” said Sandra Swirski, executive director of ACR. Trump’s plan […]