+Nonprofits nervous as giving declines with new tax law
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.
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+Experts in charitable giving say donations from Alaskans can’t make up funding losses caused by vetoes
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.
+Federal tax cut, state budget problems have hurt Connecticut nonprofits
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.
+Americans slashed their charitable deductions by $54 billion after Trump’s tax overhaul
“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.
+Nonprofits Worry As More Signs Suggest Americans Are Giving Less
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 ...
+Charitable Gifts Slip in First Year Under New Tax Law
“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...
+Local nonprofits feel the impact of federal tax changes
While the economy is booming, some nonprofits are seeing a downturn in donations — a worrisome trend.
+Tax Change Transforms Charitable Giving Landscape
“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 ...
+Dire predictions that Trump’s new tax law would cost charities billions of dollars haven’t come true — yet
However, the increase in giving isn’t all good news. Much of the uptick was concentrated among wealthier donors giving to wealthier institutions.
+Some local nonprofits are seeing fewer donations in wake of federal tax law changes
Jeff Shaw, director of public policy at the CT Nonprofit Alliance, which represents small- to medium-sized nonprofits, said the recent survey results are concerning, but he warned it's too early to determine whether the downturn in donations is a...
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