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ACR News 11.26.14—The Latest: Tentative Tax Extenders Deal in the Works

>> Federal: Washington Roundup
>> Federal: Latest Development: IRA Charitable Rollover Deal is Still Tentative
>> Federal: Updated Election Results
>> Federal: House Ways and Means Committee
>> Federal: Senate Finance Committee
>> Consider This: Big Picture
>> Bonus Consider This: Pardon Me
>> Top Reads: ACR Signs Letter Calling for Charity-Related Provisions to be Made Permanent


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Philanthropic Achievement of the Week

1991: Campaign Against Tobacco Use


Each year more than 440,000 Americans die of tobacco use—the nation’s largest cause of preventable death, accounting for about one out of every five U.S. deaths according to the Centers for Disease Control. About two-thirds of smokers say they want to quit, but only about 5 percent succeed in a given year. In 1990, the new president of the Robert Wood Johnson Foundation, Dr. Steven Schroeder, aimed his organization squarely at reducing “the harmful effects, and the irresponsible use, of tobacco, alcohol, and drugs.”

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Federal | Federal Legislation

ACR Signs Letter Calling for Charity-Related Provisions to be Made Permanent

The Alliance for Charitable Reform has signed onto an open letter to Congress written by Independent Sector urging lawmakers to “make permanent the provisions in the America Gives More Act (H.R. 4719) before the end of 2014.”

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Good Giving | Success Stories

Philanthropic Achievement of the Week

2012: Speeding Safe Shale-gas Production

In 2012, two major philanthropists—oil-and-gas pioneer George Mitchell and Wall Street entrepreneur Michael Bloomberg—announced a joint effort by their foundations to encourage safe and efficient production of natural gas via shale fracking. They proposed to head off problems through “common-sense” state rules and voluntary adoption of best practices by the industry. The two foundations put up millions of dollars for efforts to improve fracking by minimizing water concerns, reducing methane leaks, optimizing well construction, disclosing chemical usage, and reducing local impacts on roads, land, and communities.

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ACR News 11.14.14 - The Election: What Happened and What Does It Mean?

>> Federal: Washington Roundup
>> Federal: The Balance of Congress & Leadership Changes
>> Federal: Senate Finance Committee
>> Federal: House Ways & Means Committee
>> Federal: Lame Duck
>> Federal: What the Election Means for Tax Reform
>> Federal: Key Dates
>> Federal: ACR in Action
>> Consider This: Consider This: What Does it Mean?
>> Top Reads: GOP’s Senate Wins Boost Prospects of Tax Changes for Nonprofits


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BLOG: Post-Election Analysis

A lot happened as a result of Tuesday’s elections and we are here to help you sort through it all. Below is a brief analysis of the election results and a glimpse at what we can expect in the makeup of congressional leadership as well as the tax writing committees.

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BLOG: ACR Expertise Highlighted in Coverage of Elections

A couple of articles published and circulated Wednesday by the Chronicle of Philanthropy featured comments from staff and a member of the Alliance for Charitable Reform regarding the results of Tuesday’s elections. The Chronicle interviewed several nonprofit leaders, including ACR Executive Director Sandra Swirski, for an article analyzing the prospects of tax reform with Republicans taking control of the Senate and expanding its membership in the House of Representatives.

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Philanthropic Achievement of the Week

1909 Milton Hershey School


Chocolatier Milton Hershey didn’t invent the candy bar, but he was the first to transform it from expensive delicacy to treat affordable by all, and in the process he became very wealthy. He and his sickly wife, Kitty, were unable to have children, so they decided to give their sweet fortune to orphans and other needy boys living in hardscrabble—something Milton understood well, after a peripatetic childhood and education that ended at fourth grade, due to a father who left his family for long periods of time. In 1909, Hershey signed over to his new Hershey Industrial School, a fully operating 486-acre farm that included the homestead where he had been born. In 1918 he went much further, placing all of his shares in the Hershey Chocolate Company in a trust whose sole purpose was to benefit the school. He kept the transfer secret until it was revealed in a 1923 interview with the New York Times, when he explained that “I have no heirs, so I have decided to make the orphan boys of the United States my heirs.” To this day, the school retains controlling interest in the Fortune 500 Hershey Company, the Hershey park entertainment complex, and other businesses.

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ACR News 10.31.14—Lincoln’s Ghost…and a Policy Update

>> Federal: Lincoln’s Ghost
>> Federal: Washington Roundup
>> Federal: ACR Advisory Council on the Hill
>> Federal: How Philanthropy Changed My Life
>> Consider This: Consider This: Tax Reform Following the Midterms
>> Top Reads: Donor-Advised Fund Spend-Down Proviso May Be Cut From Future Tax Overhaul Drafts


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Philanthropic Achievement of the Week

2002 - Boosting Electronic Health Records

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Electronic health records that are consistent, interchangeable, and accessible by consumers and health professionals from anywhere will be essential to many future advances in health care, including medicine that is personalized to the patient, better quality control, and reduction of duplication and waste that inflates prices. It’s estimated that electronic health records could save more than $100 billion in unnecessary medical costs.

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