Contributing Centennial Celebrated

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A resolution celebrating the 100th Anniversary of the Charitable Deduction was introduced in Congress on Friday by Representatives John Lewis (D-GA) and Pat Tiberi (R-OH). House Concurrent Resolution 34 provides a historical timeline of the deduction, enacted into the federal tax code in 1917, and highlights the benefits to the arts, humanities, religious institutions, education, human services, environment, health programs, and many other subsectors, as well as recognizing the empowerment and force of individual philanthropy. The resolution specifically “reaffirms the importance of encouraging rather than diminishing philanthropic services which respond to the needs of communities.”

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