Charitable Giving

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Some nonprofits could see fewer donations under new tax plan

"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.

Tags: Tax Reform, Charitable Giving
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Local Nonprofit Worries About Tax Bill Impacts

President Donald Trump is praising passage of the Republican tax reform bill, while charities worry how it will impact their bottom lines.

Tags: Tax Reform, Charitable Giving
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Nonprofits fear new tax code will slash donations and donor base

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.

Tags: Hawai`i, Charitable Giving, Tax Reform
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Connecticut Nonprofit CEO: Republican Tax Bill Is "Perfect Storm" For Nonprofits

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.

Tags: Tax Reform, Charitable Giving, Charitable Deduction, Connecticut
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Congress’ Tax Bill Message to Charitable Nonprofits: “We Don’t Care – You’re on Your Own”

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:

Posted In: Press Releases
Tags: Tax Reform, Charitable Giving
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Charities fear GOP tax bill will stunt charitable giving across the nation

The new GOP tax bill has many nonprofit organizations around the country on edge.

Tags: Tax Reform, Charitable Giving
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House Passes Tax Bill Hurting Nonprofit Coffers

The impact of the tax plan extends beyond charitable and foundation giving, according to David Thompson, vice president of public policy for the National...

Tags: Tax Reform, Johnson Amendment, Charitable Giving
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GOP tax bill: Here's what people are saying

It will gut charitable giving

Tags: Tax Reform, Charitable Giving
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GOP tax reform bill could hurt nonprofits if donations drop

Donations represent the largest funding source for nonprofits after fees charged for services and government contracts, said Heather Iliff, president and CEO of Maryland Nonprofits, the sector's statewide trade organization.

Tags: Tax Reform, Charitable Giving, Maryland
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Tax Bill Would Indirectly Reduce Nonprofit Support, Slash Spending for Youth, Some Fear

Nonprofits of all kinds, including youth-serving ones, are feeling “great apprehension,” said Cohen of the National Council of Nonprofits.

Tags: Tax Reform, Charitable Giving, Johnson Amendment

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