Ensuring that local charities have the resources needed to help communities may be easier than you think.
Currently, billions of dollars in charitable donations are not making it into the hands of local charities. Simple changes to our antiquated tax laws would get this money flowing where it can do the most good for those most in need.
It’s simple – if a taxpayer claims a tax deduction for charitable giving, those resources should get to a working charity in a reasonable period of time. No more getting preferential tax treatment to shelter money in funds or investments – the donors must put that money to work. It’s time to ensure this money gets put to good use in our communities – NOW.
Contact your Senators and Representative and tell them to support common sense charitable giving reforms.
Charitable Giving Reform – 3 Easy Fixes
Charitable Giving Reform
3 Easy Fixes
To ensure payout distributions from private foundations reach working charities, close loopholes in payout requirements and incentivize greater payout through excise tax reforms.
DONOR ADVISED FUNDS (DAF)
Make sure DAF dollars are distributed to working charities within a reasonable period of time.
To incentivize greater giving by individuals, expand and extend new non-itemizer charitable deduction in a cost-effective way.