is the protection of philanthropic freedom – the right of Americans to choose how and where to spend their charitable assets. A project of The Philanthropy Roundtable, ACR educates legislators and policymakers about the central role of private charitable giving in American life and the dangers of legislative or political measures that would weaken or constrain the philanthropic freedom that makes such giving possible.
Since 1917, America has recognized the value of the charitable deduction, which has served as the bedrock of our altruistic society and is a model for the world. It must continue as a fundamental tenet of our tax system.
The current two-tiered tax provision is simply a disincentive for foundations to increase giving in any one year.
The Philanthropic Achievement of the Week will highlight significant historical philanthropic achievements throughout history that showcase the wide-reaching impact of private charitable giving. This week’s spotlight is below: 1915: Henry Ford Hospital Henry Ford stood at the center of the manufacturing revolution after he established the Ford Motor Company in 1903. People flooded to Detroit […]
I cannot think of a more personally rewarding…use of wealth than to give while one is living.Charles Feeney http://t.co/ebc0kx1dXG
In a letter sent to the Washington Post on April 28, the Charitable Giving Coalition defended the charitable deduction from the editorial board’s assertion that the deduction serves only the wealthy. Read the entire letter below. While discussing Hillary Clinton’s economic message, The Washington Post’s editorial board suggested on April 22 that the charitable deduction […]
>> Federal: Washington Roundup >> Federal: Ways and Means Adds New Member >> Federal: Business Tax Reform Possible, Pass-Throughs Remain a Potential Problem >> Federal: Charitable Giving Coalition Rejects Washington Post View on Charitable Deduction >> Federal: ACR Webinar >> Consider This: Fly on the Wall >> Top Reads: Donor-Advised Funds Drive Millions to Nepal […]
I cannot think of a more personally rewarding…use of wealth than to give while one is living.Charles Feeney http://t.co/RBFHNwCvI4