Charitable Deduction

Hatch Extols Charitable Giving as Nonprofit Leaders Tell Congress to ‘Grow Charity Now’

The Alliance for Charitable Reform partnered with the Council on Foundations and Independent Sector to bring nonprofit leaders to Washington, D.C. on June 16 to meet with congressional offices about current legislation supporting charitable giving. The fly in/speak out day was dubbed “Grow Charity Now.” “Our organizations all understand that philanthropy and charitable giving are […]

ACR Responds to Editorial on Tax Reform, Charitable Deduction

The Washington Post published Wednesday a letter from Joanne Florino, senior vice president for public policy at The Philanthropy Roundtable, responding to an editorial written by Robert J. Samuelson that advocated for eliminating the charitable deduction. The full text of Florino’s letter is below and it can also be read by clicking here: Robert J. […]

ACR Summit Live Blog

11:50 a.m. That concludes that 2016 ACR Summit For Leaders! Thank you to all of our panelists for making this event a great success! 11:42 a.m. Karl Zinsmeister is talking about how the importance of government or philanthropic support can vary over time. He points toward medical research which was once funded primary by philanthropy. […]

ACR News 4.8.16 – Introducing the CHARITY Act

>> Federal: Washington Roundup >> Federal: ACR Summit for Leaders >> Top Reads: IRA Rollover, Excise Tax Included in CHARITY Act Washington Roundup Senator John Thune (R-SD) and Senate Finance Committee Ranking Member Ron Wyden (D-OR) introduced today S. 2750 – the Charities Helping Americans Regularly Throughout the Year Act, or CHARITY Act – which […]

Senate Legislation Aims to Expand Charitable Giving, Urges Protection of Charitable Deduction

WASHINGTON, D.C.— Senator John Thune (R-SD) and Senate Finance Committee Ranking Member Ron Wyden (D-OR) introduced today S. 2750 – the Charities Helping Americans Regularly Throughout the Year Act, or CHARITY Act – which includes three provisions strongly supported by the Alliance for Charitable Reform (ACR): a flat one-percent private foundation excise tax, an expansion […]

ACR News 3.11.16 – The Difference Four Years Makes

>> Federal: Washington Roundup >> Federal: Tax Reform Task Force >> Federal: New Analysis on Presidential Tax Plans >> Federal: Presidential Campaign >> Federal: ACR Summit for Leaders >> Consider This: The Difference Four Years Makes >> Top Reads: Clinton Tax Plan Supports Charitable Deduction Washington Roundup The Senate was in session this week while […]

Charitable Deduction Central Landing Page

Charitable Deduction Background What is the history of the charitable deduction and how does it work? Why is knowing the history of the charitable deduction important for preserving charitable giving today?   Proposals to Reform the Deduction What federal legislation is currently being considered that will affect the charitable deduction? And how would the charitable deduction […]

Report: Clinton Tax Plan Preserves Charitable Deduction

WASHINGTON, D.C.— Secretary Hillary Clinton will preserve the full scope and value of the charitable deduction, according to an analysis of her tax proposals released today by the Tax Policy Center (TPC). The Alliance for Charitable Reform commented on the news following the report’s release. “We’re encouraged by Secretary Clinton’s proposal to carve out the […]

ACR News 1.29.16 – The Blizzard, The Caucus, The ACR Summit

>> Federal: Washington Roundup >> Federal: Presidential Campaign >> Federal: ACR Summit for Leaders >> Consider This: Digging In >> Top Reads: Charitable Giving Will Grow in 2016 and 2017: Report Washington Roundup The House of Representatives canceled its session this week due to Winter Storm Jonas, while the Senate worked on a reduced schedule. […]