+Local nonprofits adjust to tax code changes
Among the law’s biggest changes, explains David Heinen of the North Carolina Center for Nonprofits, was almost doubling the standard income tax 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.
+At these companies, corporate giving isn’t just about writing a big check
According to Jeanne Tedrow, President and CEO of the North Carolina Center for Nonprofits, most of the companies in the Triangle help serve the community in one way or another.
+While giving thanks, also give your time, money and voice
“If you care enough to invest your money in an organization, then investing your voice can magnify that impact with policymakers,” says David Heinen, vice president for public policy and advocacy with the North Carolina Center for Nonprofits.
+Churches and nonprofits worry charitable donations will plummet under new tax law
In the state, Heinen said, nonprofits collect and spend roughly $42.5 billion a year and employ about 10 percent of the workforce. In the Triangle, they include Duke University Medical Center and WakeMed hospitals.
+New tax law scales back reward for giving, local charities concerned
Estimates of the expected national decline in giving attributable to tax law changes like those just approved typically range from 2 to 5 percent, said David Heinen, vice president for public policy and advocacy at the North Carolina Center for...
+Charities could be big losers under tax reform. One NC rep is trying to fix that.
“The universal deduction is really an essential part of tax reform,” said David Heinen, the vice president for public policy and advocacy for the North Carolina Center for Nonprofits.
+Donations Raised By Professional Fundraisers Dropped Sharply Last Year
Importantly, however, this does not mean that nonprofits actually raised less money. This report is generated by the N.C.
+NC’s nonprofits need succession plans
It was a textbook example of how to pass the reins at a nonprofit – and, according to a new study from the North Carolina Center for Nonprofits, all too rare.
+Nonprofits scramble to adjust to new overtime requirement
“Pay tends to be a little bit lower than in the for-profit sector, so there are more employees who are below the new salary threshold,” explains David Heinen, vice president for public policy and...
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