Nonprofit Issues

Philanthropy and the “mess” in Newark schools

I’ve noted to a few people in conversations that I think Mark Zuckerberg too often gets a bum rap over his $100 million gift to the city of Newark, New Jersey for education reform. The way the story is often told by critics of the gift makes it sound like Zuckerberg flew in on a […]

ACR News 9.14.18 – Let’s Catch Up: Tax Reform 2.0, SALT, UBTI, and more

>> Federal: Washington Roundup >> Federal: SALT Workarounds >> Federal: Unrelated Business Taxable Income Siloing >> Federal: Donor-Advised Funds at Treasury >> Federal: The Everyday Philanthropist Act >> Federal: Universal Charitable Deduction >> Consider This: Recent Data on Charitable Giving Reveal Trends >> Top Reads: Treasury Moves to Block New Yorkers’ Path Around Cap on State Tax Deductions Washington Roundup […]

Treasury SALT Regulations Double-edged Sword

WASHINGTON, D.C.— The Alliance for Charitable Reform (ACR) issued the following statement on the regulations from the U.S. Department of Treasury on state initiatives seeking to workaround the federal cap on the deduction for state and local taxes. “The proposed workarounds for the cap on the state and local tax deduction would have undermined the […]

Senators Lankford and Coons Request Data on Charitable Giving

A bipartisan set of senators have sent a letter to Treasury Secretary Steven Mnuchin requesting data on charitable giving following the passage of the Tax Cuts and Jobs Act. Sens. James Lankford (R-OK) and Christopher Coons (D-DE) have asked Secretary Mnuchin to provide “any data that is currently available on charitable deductions in tax year […]

ACR News 7.13.18 – Tax Reform 2.0, UBIT More Than Charities Can Chew

>> Federal: Washington Roundup >> Federal: AEI Report >> Federal: State-Level SALT Workarounds >> Federal: UBIT on Parking Benefits for Employees >> Federal: Universal Charitable Deduction >> Consider This: Tax Reform 2.0 >> Top Reads: Charity Groups Fret Over Upcoming SALT-Deduction Rules Washington Roundup This month, House Ways and Means Chairman Kevin Brady (R-TX) and House Republican tax writers […]

ACR News 6.15.18 – Action at Treasury, Giving USA Annual Report, Foundation Transparency

>> Federal: Washington Roundup >> Federal: Action at Treasury >> Federal: Expanding the Charitable Deduction >> Federal: Giving USA’s Annual Report >> Federal: Caught Our Eye >> Consider This: Charitable Giving Grows, Number of Givers Shrinks >> Top Reads: The Disappearing Donor Washington Roundup Both Ways and Means Chairman Kevin Brady (R-TX) and a White House official recently said […]

Annual Giving USA Report Released, Giving Reaches Record High

Giving USA released its annual report June 12, showing that nationwide charitable giving continues a steady increase since 1977. Charitable giving reached a record high in 2017, crossing the $400 billion mark for the first time. The $410.02 billion that Americans gave to charity in represents an increase of 5.2 percent over giving from 2016. […]

ACR News 5.24.18 – The IRS Issues Notice, Universal Charitable Deduction Bill Introduced

>> Federal: Washington Roundup >> Federal: State-Level SALT Workarounds >> Federal: IRS Tool for Donors >> Federal: Universal Charitable Giving Act >> Federal: Reps. Smith and Cuellar’s Charitable Giving Tax Deduction Act >> Federal: In-district Meetings >> Consider This: Answering Donor-Advised Funds’ Critics >> Top Reads: I.R.S. Warns States Not to Circumvent State and Local Tax Cap Washington Roundup Last […]

Roundtable Petitions NY Attorney General to Uphold Philanthropic Freedom

WASHINGTON, D.C — The Philanthropy Roundtable has submitted public comments to New York Attorney General Barbara Underwood challenging public comments by the National Committee for Responsive Philanthropy. NCRP urged Attorney General Underwood to interfere with the board selection process for the Mother Cabrini Health Foundation, a private foundation that will be created as a result […]