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.
Explore programs and pathways that funders can support to provide workers with the choice and flexibility to gain buildable skills and increase their immediate earning potential.
>> Federal: Washington Roundup >> Federal: Tax Reform? >> Federal: Universal Charitable Giving Act of 2017 >> Federal: Roadmap for Action – October >> Consider This: Walk the Plank >> Top Reads: Nonprofits Battle to Get Charitable Deduction Extended to All Taxpayers Washington Roundup Last week, the House and Senate both took important steps toward tax reform […]
WASHINGTON, D.C.— Legislation has been introduced by Rep. Mark Walker (R-NC), H.R. 3988, The Universal Charitable Giving Act of 2017, which would expand the charitable deduction to Americans who opt to take a standard deduction. “We thank Congressman Walker for listening to charities and introducing this bill. It addresses our concern that the current charitable […]
Richard Rubin, the tax policy reporter for the Wall Street Journal, heads to the farm in this entertaining and educational video to discuss the “sacred cows” in the tax code and explains how a larger standard deduction squeezes itemized deductions.
The Washington Free Beacon is an online newspaper based in Washington, DC, with a decidedly conservative bent. It published an article Wednesday revealing the funders supporting the progressive organization Center for Community Change: The hidden donors to a prominent anti-Trump “resistance” organization are revealed in unredacted tax forms obtained by the Washington Free Beacon. The […]
>> Federal: Washington Roundup >> Federal: Tax Reform >> Federal: We Need a Budget, Right? >> Federal: Senate Finance Committee Hearing >> Consider This: Tax Framework Released >> Top Reads: Tax Plan Doubles Standard Deduction, Leaves Charitable Deduction In Place Washington Roundup On Tuesday, Senate Majority Leader Mitch McConnell (R-KY) conceded defeat on the most recent attempt […]
WASHINGTON, D.C.— Congress passed legislation today aimed at spurring additional charitable giving to assist with the relief efforts for Hurricanes Harvey, Irma and Maria. H.R. 3823, the Disaster Tax Relief and Airport and Airway Extension Act of 2017, includes a temporary suspension of limitations on the deduction for charitable contributions to qualified hurricane relief efforts […]
WASHINGTON, D.C.— The Alliance for Charitable Reform (ACR) issued the following statements upon today’s release of the framework of the Republican tax reform proposal, which preserves the charitable deduction and doubles the standard deduction, among other provisions. “We applaud Republican lawmakers for proposing to preserve the charitable giving incentive,” said Sandra Swirski, executive director of […]
The right of individual donors to decide whether they want to be publicly associated with their gifts is an important component of philanthropic freedom, and a core civic freedom as well that the U.S. Supreme Court has recognized on several occasions, perhaps most notably in the 1958 decision NAACP v. Alabama. There are many reasons […]
>> Federal: Washington Roundup >> Federal: So, What’s Up with Tax Reform? >> Federal: Senate Finance Committee Hearing on Individual Tax Reform >> Federal: Tax Reform and Philanthropy’s 3 Percent Solution >> Federal: Faith and Giving Coalition Briefing >> Federal: Roadmap for Action – September >> Consider This: Congress is Back in Town >> Top Reads: Nonprofits […]