Arizona's charities rely on year-end giving

Arizona's charities rely on year-end giving

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"There's a misconception among the public that non-profits no longer are in such a critical state," said Gene D'Adamo, president and chief executive officer of the Nina Mason Pulliam Charitable Trust. "The economy has come back, but there are still pressures on the most vulnerable members of society."

Many non-profits rely on year-end giving to plug holes in their budgets. Some of these last-minute donations are motivated by holiday cheer, but tax planning also counts as a major factor.

"Fundraising professionals say that the tax benefits aren't the main driver of donations," said Patrick McWhortor, president and CEO of the Alliance of Arizona Nonprofits. "But there's no question that the amount of giving in December is affected by taxes."

Source Name: 
Arizona Republic
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