Charitable Giving Incentive


Senate Legislation Would Expand Charitable Deduction for People Who Don't Itemize

David Thompson, vice president of public policy at the National Council of Nonprofits, also praised the expanded charitable deduction but complained the legislation lacks other key nonprofit needs including:

Tags: Advocacy, Charitable Giving Incentive

Negotiations Continue

A bipartisan group of senators is hoping to use the next coronavirus relief package to chip away — in a big way — at Republicans’ efforts to curb the deduction for charitable contributions.

Tags: Charitable Giving Incentive, Universal Deduction

Will NJ create a tax deduction to reward charitable giving?

A bill to enact the deduction was already approved by the Senate in March but it has not moved in the Assembly, where it is still pending before that chamber’s Budget Committee.

Tags: New Jersey, Charitable Giving Incentive, Charitable Deduction

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.

Tags: North Carolina, Tax Reform, Charitable Giving, Charitable Giving Incentive, Charitable Deduction

A very unhappy 100th birthday for the charitable deduction

This month marks the 100th birthday of the federal tax deduction for charitable giving. That anniversary should be a day of celebration for all that this incentive to give has done for the American people.

Posted In: Opinion
Tags: Charitable Giving Incentive, Charitable Deduction, Tax Reform

National Council of Nonprofits Statement on the Universal Charitable Giving Act (H.R. 3988)

Washington, DC - In response to the introduction by Representative Mark Walker (R-NC) of the Universal Charitable Giving Act (H.R.

Posted In: Press Releases
Tags: Tax Reform, Charitable Deduction, Universal Deduction, Charitable Giving Incentive

Charities Move to Offset Effects of GOP Tax Bill

Congress included a universal deduction in a 1981 tax bill, dubbed the “Christmas-tree bill” because of the many tax-cutting ornaments added by lawmakers, according to a 2016 report by the Tax Policy Center.

Tags: Tax Reform, Universal Deduction, Charitable Giving Incentive

How tax reform could hit charitable giving

The double whammy of doubling the standard deduction while lowering the top rate to 35% from 39.6% could reduce giving by between $5 billion and $13 billion a year, or up to 4.6%, according to a recent study by the Lilly Family School of...

Tags: Charitable Giving Incentive, Tax Reform, Universal Deduction

Charities Coax Lawmakers to Rethink Tax Plan

Elsewhere in the tax debate, many charities are choosing to stay on the sidelines when it comes to the estate tax, because lawmakers are unlikely to be swayed on that issue.

Tags: Tax Reform, Charitable Giving Incentive

Trump and House tax plans have one thing in common: They likely hit nonprofits hard

"Both would be a sizable hit for not only the nonprofits but also the people that they're serving," said Tim Delaney, CEO of The National Council of Nonprofits.

Tags: Charitable Giving Incentive, Charitable Deduction, Taxes
Subscribe to RSS - Charitable Giving Incentive

Find Your State Association of Nonprofits

Connect with local resources and expertise


Connect With Us

1. Sign up for updates

Stay up-to-date with the latest nonprofit resources and trends by subscribing to our free e-newsletters.

2. Follow us on social media