Nonprofits Worry As More Signs Suggest Americans Are Giving Less

Nonprofits Worry As More Signs Suggest Americans Are Giving Less

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The report is the best look so far at the impact the tax law had in its first year, and advocates for non-profits say the findings back up a number of other surveys that are just as troubling.

"By and large we are hearing about decreases, some small, some large," said Rick Cohen, a spokesman for the National Council of Nonprofits. "It will all make a difference. And we are hearing some folks say that they changed their giving behaviors because of the tax law. And, you know, if that's the case, if that's what the data are indicating, then it's something we're even more worried about this year." 

...

"As people kind of get more familiar with whether or not they are getting the standard deduction or itemizing, we're worried that they will give a little bit less just because they'll see that they don't have that charitable giving incentive in the tax law," said Cohen. "They'll still believe in the work that the nonprofits doing, but if they give a little bit less, that means the nonprofit can do a little bit less for the community."

Source Name: 
Newsy
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