ACR Newsletter 5.5.17 – Trump Releases Tax Outline. Now What?
>> Federal: Washington Roundup >> Federal: President Trump’s Tax Plan >> Federal: Ways and Means Retreat >> Federal: Private Foundation Excise Tax Simplification Act Introduced >> Federal: Roadmap for Action >> Federal: Philanthropic Freedom Featured in Philanthropy Magazine >> Consider This: Bare Bones >> Top Reads: Trump Tax Reform Save For Charities Is Illusory Washington Roundup Congress […]
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, […]
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 […]