+Danielle Clore, executive director and CEO of the Kentucky Nonprofit Network, said nonprofits lobbied Congress to include in the law a universal deduction that would have allowed any taxpayer — whether...
+Lydia McCoy, Vice President of the Colorado Nonprofit Association, says it's no coincidence that there are mailers and calls going out from nonprofits this time of year.
+According to Tim Delaney, president of the National Council of Nonprofits, Congress’s message to charities is “We don’t care—you’re on your own.”
+Additionally, the Nonprofit Association of Oregon fears a decline in charitable giving could negatively impact the overall economy. Nonprofits employ more than 183,000 people in the state of Oregon, according to the NAO.
+Does that mean fewer Californians will give to charity? California Association of Nonprofits CEO Jan Masaoka says not necessarily.
“The tax component tends to influence the amount, not whether or not you give," Masaoka says.
+"The National Council of Nonprofits is actually concerned as well and estimating about 5 percent will be the decrease in nonprofit giving for the next year," Howard said.
+President Donald Trump is praising passage of the Republican tax reform bill, while charities worry how it will impact their bottom lines.
+But because it will double the standard deduction to $12,000 for individuals and $24,000 for couples, charities fear taxpayers won't have the incentive to make donations to lower their tax bill.
+With taxpayers being able to jump on a higher standard deduction, they’ll have less incentive to itemize their deductions. Therefore, they’d be less likely to give to nonprofits.
+Washington, DC - Tim Delaney, President and CEO of the National Council of Nonprofits, released the following statement in response to the House and Senate passing the Tax Cuts and Jobs Act:
