2017 marked the 100th anniversary of the charitable deduction. Since 1917, the federal charitable tax deduction has provided a tax deduction for donations made to nonprofit organizations by taxpayers who itemize their tax returns, roughly one-third of all Americans. See the Forum's position and resources on this issue.
The Council of Michigan Foundations contracted the Dorothy A. Johnson Center for Philanthropy to survey Michigan Community Foundations to determine the impact to community foundations for each of the two years after the repeal of Michigan's Charitable Tax Credit for Community Foundations. Survey findings suggest that the impact of the repeal has been significant. The average number of donations at the key dollar amounts decreased significantly from 2011 - 2013.
Resources developed by the Charitable Giving Coalition, the Forum, Council on Foundations, and regional philanthropy networks around protecting the Charitable Deduction. These include FAQs, infographics, talking points, position statements, op-eds, and other sample articles.
This report from the Urban Institute and the Tax Policy Center discusses how various reform proposals could have relatively similar impacts on the federal budget but quite different effects on nonprofits and the tax rules affecting them.
The Forum Policy Update is a bi-weekly update covering public policy issues impacting the philanthropic sector. This version highlights our October Policy Playbook, recent developments on federal policy including the Johnson Amendment, Universal Charitable Deduction Act (H.R. 3988), Census 2020; and state and local policy updates from Connecticut, Michigan, Montana, New Orleans, and St. Paul.
We have issued the a statement in response to a bill introduced on October 5 by Congressman Mark Walker (R-NC-6) to make the charitable deduction available to all taxpayers.
Policy Alert for our members centered on the Universal Charitable Giving Act and 2020 Census.
The Forum Policy Update is a bi-weekly update covering public policy issues impacting the philanthropic sector. The latest version highlights recent developments on federal policy including the Johnson Amendment, the charitable tax deduction, census 2020, and overtime rules; state policy updates in Kentucky, Georgia, Delaware and Washington; and the Institute for Nonprofit News (INN) is a featured policy resource.
The Forum Policy Update is a bi-weekly update covering public policy issues impacting the philanthropic sector. The latest version highlights federal updates on comprehensive tax reform, the Johnson Amendment, 2020 Census; state updates on South Carolina's Pay-for-Success program, Connecticut's budget crisis; and resources available from last month's Policy Institute.
Join representatives from Independent Sector and the Forum for a review of new research that can help inform our policy and advocacy work around the impact of tax reform on charitable giving.