+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...
+Nonprofits nationwide are bracing for what could be an even larger decline in 2018 because of changes that gave taxpayers a larger standard deduction for 2018 and made itemizing unnecessary for many.
+“The preliminary data is showing for the small- to mid-sized nonprofits, they’re the ones suffering the most.
+Next year’s tax season will bring a major fundraising opportunity for organizations such as charities, museums and youth groups, the head of the Colorado Nonprofit Association said Thursday in a visit to Pueblo.
+“We know that most people who donate to charitable nonprofits do so because they believe in the mission of the organization and not for a tax deduction,” said Rick Cohen, Chief Communications Officer for National Council of Nonprofits.
+Charitable revenue from donations of at least $1,000 increased by 2.6% in 2018, according to Monday’s report from the Association of Fundraising Professionals, and there were signs that the tax law is discouraging some gifts.
+The standard deduction for a married couple almost doubled from $12,700 to $24,000. This means less people will be itemizing, opting to take the standard deduction instead.
+Rick Cohen with the National Council of Nonprofits says charities are encouraging average folks to give year-round and changing their messaging, "a focus more on the mission of the organization than on the tax benefit that the donor would receive...
+"There are a lot fewer people who will be itemizing their taxes next year with the doubling of the standard deduction." "Small donations really make a big difference."
+Changes to the federal tax code — like the doubling of the standard deduction under the new tax law — are expected to impact charities and non-profits, beginning with end-of-year giving.
