+“We are eagerly awaiting the release of the Senate Finance Committee Disaster Tax Relief Task Force report on how tax law can be improved to help people when natural disasters like Dorian hit,” Thompson told Tax Notes September 10.
+Overall revenue from charitable gifts is down 7.3% nationwide for the first six months of the year, and according to Louisiana Association of Nonprofit Organizations President and CEO Kelly Pepper, the decline hasn’t avoided Louisiana-based...
+Changes to federal tax law that took effect in 2018 removed at least part of that incentive, and local nonprofits are starting to feel the strain.
+Charitable giving in Alaska is influenced by unique factors that limit how much money can be raised and how fast, said Laurie Wolf, who heads up The Foraker Group, which works with nonprofits across the state.
+Nonprofits across the country have experienced the “aftershocks” of the 2008 economic recession, said Gian-Carl Casa, president and CEO of the Connecticut Community Nonprofit Alliance.
+“It’s a big drop in dollars, but those numbers don’t tell the whole story,” said Rick Cohen, spokesman for the National Council of Nonprofits. “That’s just the dollars donated that someone got to write off on their taxes.
+The report is the best look so far at the impact the tax law had in its first year, and advocates for non-profits say the findings back up a number of ...
+“We think that we’re really lagging behind when we’re really going to see the impact in 2019,” said Kristen Merrifield, CEO of the Alliance of Arizona Nonprofits, who said some charities in the state are already shrinking their programs or...
+While the economy is booming, some nonprofits are seeing a downturn in donations — a worrisome trend.
+“We are hearing from a lot of nonprofits that donors are bunching gifts through a donor-advised fund, where they can get the tax benefit while contributing,” says Jim White, executive director of the ...
