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CCP Policy Update: Bills That Would Have Levied Taxes on Nonprofits with Endowments - May 15, 2019
CCP Public Hearing Testimony Against "An Act Concerning Deposits in Lieu of Taxes"
CCP Policy Update (3/1/19)
Give Everyone the Same Tax Incentive to Donate — Not Just the Rich
WASHINGTON, DC -- The consumer orgies of Black Friday, Small Business Saturday, and Cyber Monday have a rapidly growing nonprofit rival: Giving Tuesday, which celebrates its seventh year today. Begun by a coalition hoping to reinvigorate giving in the United States during the holiday season, Giving Tuesday has turned into a philanthropic juggernaut: Last year, the day moved at least $300 million to nonprofits by mobilizing hundreds of thousands of people, many of them infrequent donors, to give to charities of their choosing. Giving Tuesday champions the welcome spirit of ordinary donors and the amazing diversity of American charity. But when it comes to philanthropic giving in the United States, it proves the exception to a stubborn rule.
The Problem With Charitable Giving
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.