Philanthropy News

Tuesday, November 28, 2017
Wallet Hub Report: Connecticut Is a Top Charitable State

WASHINGTON, DC -- Financial site WalletHub ranked all 50 states by how much they donate and volunteer. Criteria includes volunteer hours per capita, share of population raising funds, share of income donated and public charities per capita among other indicators. Connecticut ranks number eleven overall withe specially high marks in "percent of population that donated" and "charities per capita."

Sunday, August 6, 2017
How Tax Reform Could Hit Charitable Giving

@CNNMoney -- Plenty of factors can motivate charitable giving: Moral obligation, religious tithing, a desire to improve the world or leave a legacy. But another factor -- the tax benefits for giving -- could soon change if lawmakers push through tax reform. Few people donate simply because of the tax breaks and are unlikely to stop giving altogether if they don't get any. But analyses from the Congressional Budget Office and others have found that tax incentives typically increase how much you choose to donate -- whether in life or at death.