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.
Karl Zinsmeister, vice president for publications at The Philanthropy Roundtable, will discuss the vital role of American philanthropy using examples and content contained in the newly-released Almanac of American Philanthropy.
>> ACR Alert: Trump Proposes Cap in Latest Tax Plan >> Federal: Washington Roundup >> Federal: Nonprofits in the News >> Consider This: Governing Through Regulation >> Top Reads: Details of the Donald Trump Tax Reform Plan, September 2016 ACR Alert: Trump Proposes Cap in Latest Tax Plan Presidential candidate Donald Trump released a revised tax […]
WASHINGTON, D.C.— The Alliance for Charitable Reform released the following statement upon the recent release of Donald Trump’s revised tax reform plan. “We are surprised and disappointed that Mr. Trump caps the charitable deduction in his most recent tax reform proposal. Cuts, caps and limitations on the deduction mean less money for charities and those […]
‘In the United States, as soon as several inhabitants have taken an opinion or an idea they wish to promote in society, they seek each other out and unite together once they have made contact.’ Alexis de Tocqueville’s phrase extolling the virtues of civil society in the US is often cited. Generally ignored, though, are […]
With the 2016 Rio Summer Olympics officially coming to a close on Sunday, take a moment to learn about the significant role philanthropy plays in our modern Olympic movement. The first modern Olympic Games were held on April 6, 1896 in Athens, Greece, reincarnated by a Frenchman, Baron Pierre de Coubertin, who believed that international […]
On this date in 1922, the home of noted abolitionist and author Frederick Douglass, which he named Cedar Hill, was dedicated in Washington, DC, as a historic shrine. Douglass’ widow, Helen Douglass, had formed the Frederick Douglass Memorial and Historical Association (FDMHA) a short time following his death in 1895. Around the same time, the […]