+“The change is particularly concerning because there are so many nonprofits that are already overstretched and even a small decrease in donations could have devastating effects for a small nonprofit and the people they serve,” said Rick Cohen,...
+Nonprofits had urged lawmakers and the Trump administration to incorporate such a deduction into the tax-cut law as it was being drafted, and they are continuing to make the case for the idea.
+“While we're not expecting to be able to see the full picture until year-end or even into next year, we are seeing some early indicators” of a downturn, said Rick Cohen, COO of the National Council of Nonprofits.
+"It is going to be somewhat tricky in communicating to people about this change to charitable giving in part because Congress did not technically touch the century-old charitable giving incentive," said Tim Delaney, president and CEO of the...
+Delaney told NPQ, “While the experts on both ends of the political spectrum are projecting huge losses in charitable giving of between $17 billion to $21 billion annually, I don’t think it will be quite that bad this first year, because...
+David L. Thompson, vice president of public policy at the National Council of Nonprofits, said the Everyday Philanthropist Act is appealing because of its simplicity, but there are some “devilish” details that need to be worked out.
+The Paulsen bill demonstrates bipartisan recognition that the TCJA reduces tax incentives for charitable giving and that more incentives are needed, according to David L. Thompson of the National Council of Nonprofits.
+“That’s not necessarily the report that we’ve heard,” said Donna Murray-Brown, president and CEO of the Michigan Nonprofit Association. “I’d really like to dig a little bit deeper to see how Michigan fared.”
+The nonprofit sector is an important one for the state.
+Still, revenues have declined — at the Greater Twin Cities agency and across the country.
And Jon Pratt is not predicting a turnaround.
