WASHINGTON, D.C.— In response to President Biden’s Fiscal Year 2022 budget proposal released today, the Charitable Giving Coalition (CGC) issued the following statement: The Charitable Giving Coalition is encouraged to see President Biden’s Fiscal Year 2022 budget request released today
Charitable Giving Coalition Encouraged Cap on Charitable Deduction Not Included in American Families Plan
WASHINGTON, D.C.— In response to President Biden’s American Families Plan proposal released on Wednesday, the Charitable Giving Coalition (CGC) issued the following statement: We’re encouraged that the American Families Plan did not reduce the value of the charitable deduction, by
Charitable Giving Coalition Supports the Universal Giving Pandemic Response and Recovery Act
WASHINGTON, D.C.— The Charitable Giving Coalition (CGC) applauds the introduction of the Universal Giving Pandemic Response and Recovery Act by a bipartisan, bicameral group of lawmakers. The bill would increase the cap on the temporary universal charitable deduction from $300/$600
Charitable Giving Coalition Supports the Charitable Giving Tax Deduction Act
WASHINGTON, D.C.— Charitable Giving Coalition (CGC) chair Brian Flahaven released the following statement in response to Representatives Chris Smith (R-NJ) and Henry Cuellar (D-TX) reintroducing the Charitable Giving Tax Deduction Act (H.R. 1081), which will incentivize all taxpayers to give
Congress Includes Extended Universal Charitable Deduction Through 2021 in Year-End Legislation
WASHINGTON, D.C.— The Charitable Giving Coalition (CGC) applauds the inclusion of an extended temporary universal charitable deduction in year-end relief legislation and looks forward to working with lawmakers to enhance the UCD in the 117th Congress. The year-end COVID relief package includes an
Charitable Giving Coalition Celebrates American Generosity on Giving Tuesday
WASHINGTON, D.C.— The Charitable Giving Coalition joins the nonprofit sector in celebrating Giving Tuesday and encouraging all Americans to donate to charity. Charitable Giving Coalition Chair Brian Flahaven issued the following statement: Giving Tuesday is an opportunity for Americans to
Charitable Giving Coalition Looks Forward to Working with Biden Administration to Further Enhance the Charitable Deduction
WASHINGTON, D.C.— Upon President-Elect Joe Biden’s victory, the Charitable Giving Coalition (CGC) released the following statement: The charitable deduction encourages Americans to give more to charity than they otherwise would. By allowing all taxpayers to take a deduction, the temporary
Charitable Giving Coalition Encouraged by Q2 Increase in Charitable Giving
WASHINGTON, D.C.— In response to the recently released Q2 giving data from the Fundraising Effectiveness Project, which shows a 7.5 percent increase in giving in the first half of 2020, the Charitable Giving Coalition (CGC) released the following statement: The
CGC Applauds Expanded Universal Charitable Deduction in House CALMER Act
WASHINGTON, D.C.— The Charitable Giving Coalition (CGC) applauds the lifting of the cap on the universal charitable deduction (UCD) in the recently introduced Culture, Arts, Libraries, and Museums Emergency Relief (CALMER) Act. The legislation introduced on Tuesday would eliminate the
Expanded Universal Charitable Deduction in Senate Relief Bill Is Good Start to Restore Giving
WASHINGTON, D.C.— The Charitable Giving Coalition (CGC) is encouraged by the inclusion of an increased cap on the temporary universal charitable deduction (UCD) in the latest Senate relief package. In addition, we believe the UCD should be made permanent to provide