Charitable Deduction

In this week's Washington Snapshot: August Recess; Council August Tool Kit; Dynamic Scoring Hearing; Eric Cantor Resigns; New Bills; Social Impact Bonds Senate Bill; Regulatory Updates; And more!

In this issue: Chairman Camp Releases Tax Reform Proposal, Philanthropy Week Update, Council Submits Comments on Proposed 501(c)(4) Regulations, President highlights foundations' investments in My Brother's Keeper initiative announcement, and State Activity

In this issue: Council letter featured in The New York Times; Council Announces Philanthropy Week in Washington; Budget agreement passed; Tax Policy Happenings; Thune-Wyden Letter on the Charitable Deduction

In this issue: Council President Responds to Critical New York Times Op-Ed; Senate Democrats host Council President for Conversation; Thune-Wyden Letter on the Charitable Deduction; Budget Agreement Reached; Tax Policy Happenings; IRS Nominee Promises to Investigate Nonprofit Fraud; Trending Critique of Nonprofits and Philanthropy

In this issue:Thune-Wyden Letter on the Charitable Deduction; Tax Reform on hold until 2014; New IRS 501(c)(4) political activity regulations; Public Good IRA Rollover Act; Budget Conference Deadline Looms; Pay for Success Incentive Fund; American Enterprise Institute report on giving; Experiments in community media; Pittsburgh Community Foundation President and CEO Grant Oliphant interview; The Dallas Foundation receives top ranking for donor satisfaction; Latina education study

On November 20, in conjunction with the Charitable Giving Coalition’s “Protect Giving Day,” Senators John Thune (R-SD) and Ron Wyden (D-OR) issued a letter in full support of the charitable deduction. This letter is a perfect example of the growing bipartisan support for preserving the full value of the charitable deduction.

As a national voice for philanthropy, the Council works to create an environment in which philanthropy can thrive by promoting policies that allow the philanthropic sector to remain vibrant, inclusive, innovative, and effective.