WASHINGTON, D.C.— On Tuesday, June 21, Giving USA released their annual report chronicling charitable giving in 2021. Although the report shows total giving reached $484.85 billion, up 4 percent compared to 2020, giving did not keep pace with inflation. When
CGC’s One Pager on the Effect of the Universal Charitable Deduction on Giving in 2020 and 2021
Initial data from the Fundraising Effectiveness Project shows the universal charitable deduction worked to encourage gifts of $300 and $600, the exact amounts of the temporary universal charitable deduction for individuals and joint filers. Below is CGC’s one-pager on the
Fundraising Effectiveness Project Data Shows Increase in Universal Charitable Deduction Gifts in 2020 and 2021
The Fundraising Effectiveness Project (FEP) recently released their quarterly fundraising report that highlights charitable giving trends for 2021. The report shows charitable giving increased by 2.7 percent in 2021, when compared to 2020, or 11 percent when compared to pre-pandemic
President’s Budget Excludes Nonitemizer Charitable Deduction; Maintains Value of Itemized Deduction
This week, President Biden released his budget request to Congress, which serves as a wish list of policy priorities that the administration hopes to achieve in the coming fiscal year. We are encouraged the President’s budget did not include limitations to the
CGC Statement for Senate Finance Committee Hearing on “Examining Charitable Giving and Trends in the Nonprofit Sector”
For the Senate Finance Committee hearing on March 17 titled “Examining Charitable Giving and Trends in the Nonprofit Sector,” the Charitable Giving Coalition submitted the following statement for the record. You can find a PDF version of the statement here.
Charitable Giving Coalition Sends Letter to Biden Administration Urging Protection and Enhancement of Charitable Deduction in Forthcoming Budget Proposal and Future Legislation
WASHINGTON, D.C.— The Charitable Giving Coalition (CGC) sent a letter to President Biden on Monday highlighting the importance of the charitable deduction and urging the administration to prioritize protecting and enhancing charitable giving incentives in the upcoming budget proposal and future legislation.
CGC Sends Letter to Biden Administration Urging Protection and Enhancement of Charitable Deduction
On March 7, the Charitable Giving Coalition sent the below letter to the Biden Administration, highlighting the importance of protecting and renewing the charitable deduction. You can find a PDF version of the letter here. ________________ Dear President Biden: On
Fundraising Effectiveness Project Report Shows Increase in Giving in First Three Quarters of 2021
The Fundraising Effective Project recently released a report on giving trends through the first nine months of 2021. Initial data in the report shows charitable giving was up 1.4 percent in the first three quarters last year, compared to the same time
Guest: Charitable Giving Allows Museums to Increase Access to History and Culture
Throughout the month of December, the Charitable Giving Coalition will be featuring a variety of voices in the charitable sector through our Season of Giving Guest Blog Series. These posts feature a fraction of the endless good work America’s nonprofit
Charitable Giving Coalition Urges Lawmakers to Expand and Extend Universal Charitable Deduction Before Year End
WASHINGTON, D.C.— The Charitable Giving Coalition (CGC) sent a letter to lawmakers on Tuesday encouraging Congress to expand the universal charitable deduction before it expires on December 31st. More than 370 organizations joined the letter. The charitable deduction encourages Americans to give