Connecticut Nonprofits Fear Tax Bill Could Lead To Decrease In Donations

Connecticut Nonprofits Fear Tax Bill Could Lead To Decrease In Donations

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“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. “We know that people who itemize give to charities at about twice the rate of people who don’t.”

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Casa, who used to work in Gov. Dannel P. Malloy’s budget office, said the combination of the changes included in the tax legislation, reductions in state assistance to nonprofits and an increase in demand because of cuts to the state’s own social programs present a “perfect storm” for many of the agencies he represents.

“You’re looking at a sector that’s going to have a very difficult time meeting the increased demands being placed on it,” Casa said.

Source Name: 
Hartford Courant
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