Fiscal-Cliff Tax Deal Expected to Boost Charitable Giving
Donations should grow by more than $3-billion because of tax changes approved this month.
D.C. Group Is Among 7 to Win New Federal ‘Promise Neighborhood’ Grants
A charity that lost out because of a technical snafu is now getting $25-million over five years, in part to expand a program that helps single mothers and their children.
Nonprofits Call Cliff Deal a Victory on Giving Incentives
Charity leaders still worry that federal spending will be reduced, harming many social-service groups, and that another battle will erupt over breaks for donors.
Fiscal Cliff Deal Could Hurt Charitable Giving
Limits on itemized deductions, including those for contributions to nonprofits, would affect people with incomes of $300,000 or more.
Nonprofits Fight Obama Call to Curb Charitable Deduction
The White House plan to allow donors to get a tax savings of up to 35 percent on their gifts was better than a previous plan but still not enough, charity leaders say.
Obama Plan Would Spare Charitable Deduction
Wealthy people would still get big deductions, but social-service groups fear their interests have been harmed by the White House budget offer. Plus nonprofits are split on whether to support Obama tax plan.
Nonprofits Split on Supporting Obama Tax Plan
The White House persuaded a handful of groups to support higher taxes, but failed in its plea to persuade nonprofits to stop lobbying so hard on the charitable deduction.
Prominent Nonprofit Coalition Supports Obama’s Tax Plan
Independent Sector has endorsed the President’s plan to raise taxes on the wealthy to help close the federal budget gap.
Independent Sector Defends Charitable Deduction
The nonprofit coalition paid for a two-page advertisement in a newspaper that is read widely on Capitol Hill.
White House Accused of Bullying Nonprofits on Tax Hikes
Two GOP lawmakers and a conservative nonprofit coalition said President Obama shouldn’t ask charity leaders to push for a tax increase on the wealthy.
White House Urges Nonprofits to Push for Higher Taxes on the Wealthy
Senior Obama officials hint that preserving the charitable deduction would be easier if charities support the administration’s tax position.
Religious Leaders Tell Congress No New Laws Are Needed to Curb Abuse
A committee of faith leaders rejected ideas Sen. Charles Grassley and his staff had floated to crack down on television evangelists they said seemed to be skirting tax laws.
Charities Would Lose $10-Billion Under Tax Cap, White House Says
The Obama administration has made clear it won’t support an annual limit on tax deductions, in part because of the harm it could cause nonprofits.
Nonprofit Groups Seek to Put a Face on the Toll of Possible Spending Cuts
Some charities are promoting stories of how their clients are helped by aid that’s now at risk in the fiscal-cliff debate, while others are showing lawmakers the money nonprofits save society.
Charities Step Up Advocacy as Congress Nears Fiscal Cliff
Some nonprofit advocates worry that the scramble to protect the charitable deduction is overshadowing efforts to save much larger sums that charities get in direct federal support.
Nonprofits Step Up Pressure to Keep Charitable Deduction Intact
Charity leaders say they are especially worried about proposals to place a cap on write-offs, which they say would essentially eliminate tax breaks for gifts.