Charitable Deduction Central | Alliance for Charitable Reform

Charitable Deduction Central | Alliance for Charitable Reform: Charitable Deduction Central

19 Major Nonprofits Lobby To Keep Charitable Deductions - TheNonProfitTimes

19 Major Nonprofits Lobby To Keep Charitable Deductions - TheNonProfitTimes: Leaders of 19 nonprofits sent a letter to Sen. Max Baucus (D-Mont.), chairman of the Senate Finance Committee and the 12 members of the Joint Select Committee on Deficit Reduction (often referred to as the “Super Committee”), asking them to protect the charitable deduction.

In the letter released yesterday, The Alliance for Charitable Reform (ACR) explains the “potential damage to Americans seeking help from nonprofit services” that limiting the charitable contribution tax deduction.

AG: No pay for charity directors - BostonHerald.com

AG: No pay for charity directors - BostonHerald.com: The state’s top cop for charities, Attorney General Martha Coakley, yesterday asked legislators to help her quash out-of-control executive compensation by prohibiting nonprofits from paying their directors.

“Unjustifiable compensation of charitable board directors creates inherent conflicts of interest,” Coakley told members of the Joint Committee on the Judiciary, as she called on them to support House Bill 3516.

massnonprofit.org ::

massnonprofit.org ::: September 22, 2011 — While nonprofits would be able to reduce the payroll taxes they pay if President Obama’s American Jobs Act becomes law, certain benefits available to for-profits under the proposed bill would not be available to nonprofits, raising concerns among some in the sector.

According to Independent Sector, a national network for charities, foundations, and corporate giving programs, nonprofits would not be able to take advantage of:

Can Nonprofits Engage in Political Activity?

Can Nonprofits Engage in Political Activity?: A 501(c)(3) and a 501(c)(4) are very similar but are ruled by different standards when it comes to political activity such as lobbying.

Calif. Town Pays Claim to Nonprofit Axed Over Critical Comments - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Calif. Town Pays Claim to Nonprofit Axed Over Critical Comments - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Calif. Town Pays Claim to Nonprofit Axed Over Critical Comments

September 23, 2011, 10:26 am

The Southern California city of Escondido has paid a $20,000 settlement to a nonprofit group whose social-service contract was canceled after the organization publicly criticized a municipal policy, according to the North County Times.

AFP Opposes Capping Itemized Deductions, Including Charitable, to Pay for President’s Jobs Bill - Press - AFP

AFP Opposes Capping Itemized Deductions, Including Charitable, to Pay for President’s Jobs Bill - Press - AFP: AFP Opposes Capping Itemized Deductions, Including Charitable, to Pay for President’s Jobs Bill

(Sept. 20, 2011) AFP learned early last week that the President intended to pay for his jobs bill by capping itemized deductions, including charitable deductions for high income taxpayers. AFP is chairing a coalition of groups to oppose any caps that would negatively affect charities.

The Chronicle of Philanthropy summarized the situation in this article.

Arts groups worry about Obama’s plan to cut tax breaks for wealthy - The Washington Post

Arts groups worry about Obama’s plan to cut tax breaks for wealthy - The Washington Post: President Obama’s plan to fund his $447 billion jobs-stimulus bill by limiting tax breaks for wealthier people is getting a wary reception from arts organizations, which fear that the proposal could cut into already diminishing donations to museums, symphonies, ballets and other groups.

The Nonprofit Quarterly | @npquarterly | Dwindling Money for Nonprofits in FY2012 Budget Appropriations

The Nonprofit Quarterly | @npquarterly | Dwindling Money for Nonprofits in FY2012 Budget Appropriations: Nonprofit leaders cannot be faulted for wondering what exactly to do. In the spring, the President’s FY2012 budget proposal lasted only a few milliseconds on Capitol Hill before being voted down in the House, after which the House passed the budget introduced by Paul Ryan (R-WI). Of course, Ryan’s budget shows little signs of life because it voucherized Medicare, which polled terribly and led to a Democratic pickup in a special election in Jack Kemp’s old district near Buffalo, New York.

Disaster relief battle looms on Capitol Hill as Reid promises showdown vote on larger aid bill - The Washington Post

Disaster relief battle looms on Capitol Hill as Reid promises showdown vote on larger aid bill - The Washington Post: The two sides are divided over how much disaster aid to provide immediately and whether a portion of it should “paid for” with cuts to an Energy Department program that subsidizes low interest loans to car companies to build more fuel efficient vehicles.

massnonprofit.org ::

massnonprofit.org ::: September 15, 2011 — An attempt to make one of three proposed casinos in Massachusetts a nonprofit entity, with earnings to be distributed to nonprofits statewide, failed to gain traction as the House yesterday voted 123-32 to create three casino and one slot machine resorts.

White House Explains Smaller Nonprofit Tax Credits in Jobs Bill - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

White House Explains Smaller Nonprofit Tax Credits in Jobs Bill - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: The White House says that President Obama’s jobs bill would allow nonprofits to get several tax credits designed to encourage employers to hire veterans and the long-term unemployed.

However, when nonprofit experts examined the legislation’s fine print, they discovered that the dollar amounts available to tax-exempt organizations are about two-thirds of those available to other employers.

Labour government lacked clear aims for the sector, says party's policy review group - Third Sector

Labour government lacked clear aims for the sector, says party's policy review group - Third Sector: Labour government lacked clear aims for the sector, says party's policy review group

Panel of MPs, peers, academics, charity chiefs and umbrella bodies says party must make up its mind on public services

The Labour government did not have clear aims for voluntary sector policy beyond a general goal of increasing investment, according to a group set up to review the party’s policies.

The party’s civil society policy review group, a panel of Labour MPs, peers, academics, charity chief executives and umbrella bodies, has been set up to scrutinise the party’s record on the voluntary sector when it was in power and to propose policy suggestions that could form the basis for its next manifesto.

Wisconsin Ag Connection - National/World News - Bill Would Establish Charitable Ag Research Groups

Wisconsin Ag Connection - National/World News - Bill Would Establish Charitable Ag Research Groups: Bill Would Establish Charitable Ag Research Groups
USAgNet - 09/16/2011

Bipartisan bills introduced in the House and Senate on Thursday would establish the legal structure for tax-exempt organizations focusing on agricultural research. The Senate version was introduced by Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) and Committee Member John Thune (R-S.D.).

Nonprofits Fight Proposal to Curb Charity Tax Breaks - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Nonprofits Fight Proposal to Curb Charity Tax Breaks - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Nonprofits Fight Proposal to Curb Charity Tax Breaks

September 15, 2011, 9:32 am

By Lisa Chiu

Nonprofits are gearing up to fight President Obama’s plan to pay for his jobs bill in part by limiting charitable deductions. Mr. Obama wants to limit the amount all wealthy people can write off for charitable gifts as well as housing, medical expenses, and other items.