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CCP Policy Update: Bills That Would Have Levied Taxes on Nonprofits with Endowments - May 15, 2019
HARTFORD, CT -- CCP follows up on bills SB1137 and SB38, that would have levied new taxes on nonprofits with endowments, pension accounts, or significant savings accounts.
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
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.