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CCP Public Hearing Testimony Against "An Act Concerning Deposits in Lieu of Taxes"
CCP Policy Update (3/1/19)
The Tax Cuts Are a Bad Deal for Charities
NEW YORK, NY -- Philanthropic organizations have been on edge since Republicans rammed through the monumental tax bill: Will Americans give as generously now that the incentives have completely shifted? Findings suggest that the the Tax Cuts and Jobs Act of 2017 may deal a particularly devastating blow to charities that make up the private social safety net . . .
CT Philanthropy Digest - December 2017
Amid State Funding Cuts, Nonprofits Rethink Their Operations
HARTFORD, CT -- Funding for private nonprofit human service organizations was cut again last week when Gov. Dannel P. Malloy’s administration announced it would be holding back about $181.6 million in what’s termed a “lapse.” “The human service spending cuts announced today by Governor Malloy come after more than a decade of underfunding of Connecticut’s community nonprofits and repeated budget reductions in recent years,” Gian-Carl Casa, president and CEO of CT Community Nonprofit Alliance, said. The article also mentions Connecticut Council for Philanthropy's survey on "Grantmaker Response to State Fiscal Crisis."
The Charitable Deduction in Connecticut
2017 marks the 100th year of the charitable deduction. The charitable deduction encourages charitable giving by individuals to the benefit of communities across the country. This resource give data for Connecticut.