Colorado

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Colorado nonprofits struggle to stay afloat as pandemic captures funders’ attention, dollars

The picture of the economic toll on Colorado’s nonprofits should become more clear as the year goes on, said Renny Fagan, president and CEO of the Colorado Nonprofit Association.

Tags: Colorado, COVID-19
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Tax refund donation program may boost state' nonprofits

Coloradans have a generous spirit. We want to contribute in our own way to causes and nonprofits that are important to us.

Tags: Colorado, Charitable Giving, Tax Refunds
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Taxpayers can now pick the charity of their choice for state refund donations

Tax season is around the corner, and Coloradans now have a new option on a state tax form that allows them to choose to donate their income tax refund to a charity of their choice. 

Tags: Colorado, Charitable Giving, Tax Refunds, Tax Returns
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Donations to Colorado charities fell flat last year and some are blaming Trump’s tax law

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.

Tags: Colorado, Charitable Giving, Tax Reform
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Starting next year, state income tax checkoff will feature write-in option, head of state association says

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.

Tags: Colorado, Charitable Giving
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Giving Thought: Colorado nonprofits are an economic dynamo

The $20 billion of direct spending from the nonprofit sector represents about 5.6 percent of Colorado’s economy. In other words, the state’s nonprofits account for $56 of every $1,000 in economic activity.

Tags: Nonprofit Impact, Colorado
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Giving Thought: Tax law could impact charitable giving

"It's estimated that as few as 5 percent of taxpayers nationwide will continue to itemize their deductions," says Renny Fagan, president and CEO of the Colorado Nonprofit Association.

Tags: Colorado, Giving, Tax Reform
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Giving Green – Can Cannabis and Social Responsibility Coexist?

According to the Colorado Nonprofit Association’s 2016 year-end survey, only 6 percent of nonprofits polled had accepted contributions from cannabis companies — but two-thirds of...

Tags: Colorado, Fundraising
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Tax reform could affect charitable giving

A Colorado Nonprofit Association analysis of 2015 Colorado tax data suggests that most Colorado taxpayers with incomes under $200,000 will save more on taxes by taking the increased standard deduction, leaving no federal tax benefit for them to...

Tags: Colorado, Tax Reform, Charitable Giving
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New Federal Tax Code Means Angst For Colorado Nonprofits

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.

Tags: Colorado, Tax Reform, Charitable Giving

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