CCP Policy Update: Bills That Would Have Levied Taxes on Nonprofits with Endowments - May 15, 2019
Release Date:
05/14/2019
... do work that it may not be equipped to accomplish. And the accountability measures in this bill are limited. The ...
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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 . . .
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.