WASHINGTON, DC — The Charitable Giving Coalition commends Rep. Vern Buchanan (R-FL) and a bipartisan group of 10 lawmakers for introducing the Hurricane Milton and Helene Tax Relief Act (H.R. 10203), which provides critical support to help communities affected by recent hurricanes. The CGC supports Section 4 of the bill which includes a provision allowing an unlimited charitable deduction for non-itemizers through 2025 for donations related to hurricane relief. The bill would also allow hurricane relief donors to deduct charitable donations up to 100 percent of Adjusted Gross Income (AGI) through 2025.
On Giving Tuesday, Charitable Giving Coalition Calls on Congress to Restore Charitable Deduction for Non-Itemizers
This Giving Tuesday, the Charitable Giving Coalition (CGC), with the support of over 470 charitable and nonprofit organizations from 50 states, has urged Congress to strengthen charitable giving. In a letter to the House Ways and Means Committee and Senate Finance Committee, the CGC called for a permanent charitable deduction for non-itemizers to be included in a year-end 2024 tax package or the final 2025 tax reform package.
Sign On to the CGC’s Giving Tuesday Letter
On Giving Tuesday, Tues., Dec. 3, 2024, the Charitable Giving Coalition (CGC) will be re-sending a comment letter we sent to the House Ways and Means Republican Tax Teams to congressional leaders urging them to permanently enact a charitable deduction
CGC Concerned Giving Failed to Keep Pace with Inflation in 2023
Washington, D.C. – Charitable Giving Coalition Chair Brian Flahaven issued the following statement regarding Giving USA’s annual report on charitable giving in 2023: The Charitable Giving Coalition is concerned that, after a historic decline in 2022, charitable giving failed to
CGC Sends Letter in Support of Restoring a Charitable Deduction for Non-Itemizers
The Charitable Giving Coalition sent the following letter to Ways and Means Chairman Jason Smith (R-MO) and Ranking Member Richard Neal (D-MA), and Senate Finance Chairman Ron Wyden (D-OR) and Ranking Member Mike Crapo (R-ID) in support of the Charitable
Charitable Giving Coalition Disappointed Charitable Deduction for Non-Itemizers Not Included in Bipartisan Tax Framework
WASHINGTON, D.C.— Charitable Giving Coalition Chair Brian Flahaven issued the following statement regarding the omission of a restored universal charitable deduction for non-itemizers in the initial bipartisan tax framework being released yesterday: The Charitable Giving Coalition (CGC) is disappointed to
On Giving Tuesday, the CGC Celebrates American Generosity and Sends Letter in Support of Charitable Act to Capitol Hill
WASHINGTON, D.C.— Today, the Charitable Giving Coalition celebrates Giving Tuesday and sends a letter with over 1,000 signatories to Capitol Hill in support of the Charitable Act. Charitable Giving Coalition Chair Brian Flahaven issued the following statement: Today, we join
CGC Sends Sign-On Letter in Support of the Charitable Act on Giving Tuesday
The Charitable Giving Coalition sent the following letter to Ways and Means Chairman Jason Smith (R-MO) and Ranking Member Richard Neal (D-MA), and Senate Finance Chairman Ron Wyden (D-OR) and Ranking Member Mike Crapo (R-ID) in support of the Charitable
Rebuttal: The Charitable Deduction Works
This year’s alarming Giving USA report has rightfully ignited concern among charities that rely on private giving. The report found that total charitable giving declined by 10.5 percent in 2022 when adjusted for inflation (a 3.4 percent decline in current
2022 Giving Data Shows Steep Declines and Troubling Trends Ahead – A Universal Charitable Deduction Could Help
Giving USA’s Annual Report on Philanthropy for the Year 2022 shows charitable giving declined in 2022 by an inflation-adjusted 10.5 percent. Last year was only the fourth year in four decades that giving did not increase in current dollars year-over-year,