Coalition Defends Charitable Giving
By JBrown@charities.org on August 1, 2011
A coalition of 23 large nonprofit organizations has written a letter to Congress expressing concern that reducing or capping the value of itemized deductions for charitable contributions will hurt charities and those who need their services.
Among the organizations involved in the coalition are the Evangelical Council for Financial Accountability, the American Red Cross, and the Association of Fundraising Professionals.
The coalition’s letter, signed by leaders of the organizations and sent to Senate Finance Committee Chairman Max Baucus, D-Mont., argues that the proposed cap at 28 percent would result in a decrease in charitable donations.
Read the entire story at: Worldmag.com