+“Charitable giving incentives are not 100% of the solution, but people give more when there are incentives,” said Joan Gustafson, external affairs director at the Lansing-based Michigan Nonprofit Association.
+Tim Delaney, CEO of the National Council of Nonprofits, characterized several aspects of the plan as “disastrous” for the sector as a whole and cited estimates from the Tax Policy Center that the...
+Many who used to itemize deductions may see that its really no longer beneficial to do so.
+And in Oklahoma, we are gearing up for another legislative session that will most likely be challenging as we attempt to erase budget gaps and find sources of revenue.
+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.
+Tim Delaney, National Council of Nonprofits president and CEO, discusses how changes in the tax code will impact charitable giving.
+The Massachusetts Nonprofit Network has estimated that donations to charities in the state could decline by hundreds of millions of dollars as fewer taxpayers itemize deductions in 2018.
+“They’ve essentially eliminated for 90 percent of filers the ability to make deductions specifically for charitable contributions,” said Gian-Carl Casa, president and CEO of the Connecticut Community Nonprofit Alliance.
+The new, complex tax overhaul bill will have a specific and significant impact on nonprofits.
+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...
