Charitable Deduction

Coalition Urges Policymakers to Consider Expanding Charitable Deduction Ahead of Mnuchin Testimony

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 […]

New Study Explains Which Tax Policies Hurt, Increase Charitable Giving

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 […]

ACR Statement on Trump Tax Reform Plan

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 […]

Dividing Philanthropy Into Favored and Disfavored Classes is a Bad Idea

Bloomberg had an article a few days ago reporting on efforts in Congress to force certain colleges and universities with large endowments to devote more towards lowering tuition costs (“Universities Seek to Defend Endowments From Republican Tax Plan,” April 18). This is an idea that has been kicking around for a few years at least, […]

Watch: Roadmap for Action Webinar

One of the most popular sessions at the 2017 ACR Summit for Leaders was the unveiling of the Roadmap for Action – an annual plan for connecting with your lawmakers in DC and back home to ensure you remain top-of-mind. We offered the session again via webinar in April 2017, which can be viewed below. […]

In Defense of Philanthropic Freedom

Americans are a generous people when it comes to philanthropy, more so than any other nation. As Alexis de Tocqueville wrote nearly 200 years ago, “Americans of all ages, all conditions, and all dispositions constantly form associations… religious, moral, serious, futile, general or restricted, enormous or diminutive. The Americans make associations to give entertainments, to […]

ACR Blog: Don’t Use Tax Reform to Curb Philanthropic Freedom

Philanthropic freedom is a hallmark of American civil society, which is why it is disturbing to see how often it is threatened. Take, for example, a recent Forbes editorial from Jeffrey H. Joseph, a professor at George Washington University’s School of Business. Joseph argues that tax reform should be used as a mechanism to improve […]

Giving100 Campaign Launched to Educate and Mobilize Nonprofit Sector

With the possibility of tax reform as close as it has been in decades, and looming tax proposals that could eliminate the charitable deduction for 95 percent of Americans, an educational initiative was launched today to serve as a resource for nonprofit organizations to inform and activate stakeholders. The Giving100 website, which was spearheaded by […]

Recapping the 2017 ACR Summit for Leaders

More than 240 nonprofit leaders attended the 2017 ACR Summit for Leaders on March 21 where they heard from government officials, congressional staff, and other policy experts about what the charitable sector can do to protect private giving and educate lawmakers about the critical role of charitable giving. The Summit opened with welcoming remarks and advice […]