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.
Since 1917, America has recognized the value of the charitable deduction, which has served as the bedrock of our altruistic society and is a model for the world. It must continue as a fundamental tenet of our tax system.
The current two-tiered tax provision is simply a disincentive for foundations to increase giving in any one year.
The greatest use of life is to spend it for something that will outlast it.William James http://t.co/Dot1pMtFtc
Among the virtues buzzed about in foundation leadership today, “filial piety” might not rank up there with “radical visioneering” or “synergistic interdisciplinality.” But it was a value that was vitally important to Dr. Jack Templeton, who died last weekend at his home in Bryn Mawr, Pennsylvania. He lived by this principle, and deserves to be […]
The greatest use of life is to spend it for something that will outlast it.William James http://t.co/mtu0g4ocb1
Vermont Governor Peter Shumlin came to an agreement with state lawmakers on May 16 on a nearly $30 million tax package that preserves the state’s charitable deduction. A proposal to cap the charitable deduction was on the table during negotiations because it was included in legislation passed by the Vermont House in March. While the […]
Did the Senate really pass the America Gives More Act yesterday? Find out in our latest newsletter. http://t.co/W9pG6CZ40H
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