Congress urged to protect charitable giving incentive

The charitable giving incentive that supports the work of all charitable nonprofits is at risk. The National Council of Nonprofits has mounted a campaign to help protect the charitable giving incentive by having nonprofits sign onto a nonprofit community letter.

Federal tax law currently encourages individuals to support charitable organizations and their missions by providing an itemized income tax deduction. Today, policymakers in Washington are looking for ways to reduce the federal budget deficit through spending cuts, entitlement reforms and changes to the tax code.

Politicians from across the political spectrum have put forward plans to address these issues, and all propose changing the charitable deduction in one way or another. No one knows the true impact that any of these proposals will have on the ability of nonprofits to raise the resources needed to provide the programs and services that fulfill their missions.

The National Council of Nonprofits, of which HANO is a member, is asking the nonprofit community to tell Congress it must make no changes to the charitable giving incentive that threaten the ability of nonprofit organizations to continue to serve the needs of individuals and communities.

Click here to learn more, and click here to sign on to the community letter.