In the News

Report: Eliminating Charitable Deduction Will Cost Economy 131,000 Jobs

WASHINGTON, D.C.— The Alliance for Charitable Reform (ACR) commented on a report released today by the Tax Foundation, a nonpartisan tax research group, affirming the economic benefits of the charitable deduction. “Today’s report further emphasizes how the current charitable deduction generates private giving to help those most in need,” Sandra Swirski, executive director for ACR, […]

Charity Reps Unhappy With Return of Proposed Deduction Cap

APRIL 11 – Representatives of the charitable community are disappointed that a proposal to reduce the value of the deduction for charitable contributions to 28 percent for higher-income taxpayers, which has appeared in every budget President Obama has proposed, resurfaced in the latest budget blueprint released April 10. Last winter, charities were relieved that a […]

Charitable Coalition Launches New Site

The Charitable Giving Coalition has launched a new website aimed at protecting the charitable deduction, in the nonprofit sector’s latest effort to protect the tax break from tax reform or a grand deficit bargain. According to a release, the site will highlight how charitable giving helps communities around the country. “We are fully committed to […]

Foundations to Congress: Tamper with Charitable Deductions and Communities Lose

WASHINGTON, D.C. – Millions of people throughout America are at risk of losing crucial nonprofit services if Congress enacts limits to the century-old charitable tax deduction. Hundreds of foundation and philanthropic leaders are in Washington, D.C. this week to make sure lawmakers understand that unraveling the charitable deduction is not a solution to the budget […]

Grand Bargain and the Charitable Tax Deduction: What the White House Doesn’t Understand

MARCH 8 — The whiff of a so-called grand bargain to address the looming combination of long-term federal budget deficits and ever-growing entitlement costs is back in the air, thanks, in part, to what Bloomberg’s Lisa Lerer and Kathleen Hunter have described as President Obama’s “charm offensive”, including dinner with members of the other political […]

Pease Limitation on Charitable Deductions Means Donors Pay More for Charity

Reproduced with permission from Daily Tax Report, 04 DTR G-3 (Jan. 7, 2013). Copyright 2013 by The Bureau of National Affairs, Inc. (800-372-1033)(http://www.bna.com) While some in the charitable sector said Jan. 4 they were relieved that the fiscal cliff legislation did not result in a flat percentage or aggregate cap on itemized deductions, they were […]

Video: Limits to Charitable Deduction in the Fiscal Cliff Deal

Joanne Florino, ACR advisor, speaks with HuffPost Live about the impact of the fiscal cliff deal on charitable giving. (Clip begins at 8:26). For more on the Pease provision click here.

‘Make No Mistake: Nonprofits Need the Charitable Deduction’

Some claims just can’t be left unchallenged. The recent assertion by some members of the nonprofit community that the charitable deduction isn’t that important to charity is one of those claims. Whether a private donation comes from a billionaire or a middle-class American, the charitable deduction is an important incentive and benefits the recipient far […]

‘The Great Charitable Myth’

In the midst of public debates on fairness, tax rates and debt reduction, there is a fallacy, deliberately promoted by some, that undermines honest discourse. It is this: private charitable contributions should be classified and treated as “public money.” If allowed to perpetuate, this bait and switch could lead to real and negative consequences for […]