The Charitable Giving Coalition submitted the following statement today to the Senate Finance Committee to be considered by the tax reform working groups as they continue ongoing roundtable discussions about federal tax reform. The text of the statement is below or
CGC Asks President to Reconsider Cap
In a letter sent to President Barack Obama on Feb. 3, the Charitable Giving Coalition (CGC) expressed support for language in the President’s fiscal year 2016 budget proposal that protects the charitable deduction, but also urged him to reconsider his position
CGC Letter to New Members of Congress
The Charitable Giving Coalition sent a letter today to newly-elected members of Congress urging them to protect the full value and scope of the charitable deduction as budget and tax-related legislative items are considered. See the full text of the
CGC Thanks Ryan in Letter for Comments Supporting Charitable Deduction
The Charitable Giving Coalition sent a letter to House Budget Committee Chairman Paul Ryan (R-WI) today thanking him for his comments supporting the value of the charitable deduction. Ryan has voiced support in recent interviews for avoiding a cap on the
Defending the Charitable Deduction at Foundations on the Hill
This post originally appeared on the Forum of Regional Associations of Grantmakers website. Against the backdrop of President Obama’s recent budget proposal, which proposes to cap the charitable deduction at 28%, and Chairman of the House Ways and Means Committee
3 Ways to Bring Philanthropy Week to Your Community
This post originally appeared at the Council on Foundations website. Right now, over 200 leaders from across the philanthropic sector are uniting in Washington, D.C. to tell their lawmakers that thriving philanthropy builds thriving communities. As lawmakers contemplate comprehensive tax
Limiting Charitable Deductions Is Not The Way to Position U.S. for the 21st Century
This post originally appeared on the Association of Fundraising Professionals website. In response to President Obama’s 2015 budget plan, which would limit the value of the charitable deduction for gifts made by some taxpayers, Andrew Watt, the president of the Association
28% Cap on Charitable Deductions in Administration Budget Would Cause Donations to Decline by More Than $9.4 Billion/Year
Charitable Giving Coalition Commends Buffett Provision, Which Recognizes the Value of the Charitable Deduction and Should Be Extended to All Tax Brackets WASHINGTON, D.C.— The Charitable Giving Coalition (CGC) issued the following statement regarding President Obama’s fiscal year (FY) 2015
Camp Bill Recognizes Charitable Deduction but Raises Concerns
WASHINGTON, D.C.— The Charitable Giving Coalition (CGC) issued the following statement regarding the tax reform legislation authored by House Ways and Means Chairman Dave Camp (R-MI). “The Charitable Giving Coalition, representing a broad cross-section of nonprofit organizations across the country,
33 Senators Sign Wyden/Thune Letter on Charitable Deduction
One-third of the U.S. Senate has joined Senators Ron Wyden (D-OR) and John Thune (R-SD) in publicly calling for the protection of the “full value and scope” of the charitable deduction in any comprehensive tax reform legislation. A total of