All Eyes on the Charitable Deduction
As the economy continues to take center stage in Washington D.C., plans to alter the charitable deduction are on the table. In their efforts to reduce the federal deficit and enact spending reform, the Super Committee, President Obama, and the Senate Finance Committee are all considering options to reduce the value of -- or eliminate entirely -- the charitable deduction at a time when communities need the services of nonprofits more than ever.
Make your voice heard! Join Donors Forum and thousands of nonprofits from across the county by signing the Nonprofit Community Letter calling on Congress to protect the charitable giving incentive.
You can watch a video of the Senate Finance Committee hearing on incentives for charitable giving that took place on October 18 here.
Read the letter from Tim Delaney, President of the National Council of Nonprofits, in The Nonprofit Quarterly on the need to amplify our collective nonprofit voice to save the charitable deduction.