The tax and spending legislation signed into law on July 4 will reshape charitable giving incentives across donor segments. This analysis examines how these changes will affect different donor groups and offers strategic guidance for nonprofit leaders navigating this evolving landscape for year-end fundraising and long-term planning beyond 2025.
If you want to experience three fast-paced days advocating on behalf of the nonprofit sector, just come to The Nonprofit Alliance (TNPA). From June 11 through June 13, 2024, it never slowed down at TNPA. TNPA’s first-ever Advocacy Week was a whirlwind of information and good old-fashioned lobbying to promote the vital interests of the nonprofit sector.
Last week, on February 28, 2023, Senators James Lankford (R-OK) and Chris Coons (D-DE)introduced S. 566, The Charitable Act. The Senators' legislation is the latest step on the long journey of the Universal Charitable Deduction, which expired over a year ago on December 31, 2021.
On December 29, the President signed into law the Consolidated Appropriations Act of 2023, which included the SECURE 2.0 Act of 2022 (“SECURE 2.0”). SECURE 2.0 contains dozens of provisions aimed at encouraging additional retirement savings among Americans. We are excited to share that among SECURE 2.0’s provisions is a modified version of the Legacy IRA Act which will incentivize more charitable giving from seniors (Section 307).
Included in this June 2022 Legislative Round-Up Impact of Recent Postal Rate Hikes: Express Your Concerns The House Takes a Step on National Privacy Legislation..…
Thanks to all of you who were able to join us in making last week's Virtual Capitol Hill Day a success! And everyone else, I…
Included in this May 2022 Legislative Round-Up State Privacy Laws - The Patchwork Quilt Grows Larger Universal Charitable Deduction: The Effort to Expand Continues ICYMI:…
Included in this Round-Up Universal Charitable Deduction More from Hill Day Postal: Brace for Big Postage Increase From the States Universal Charitable Deduction Extension...Much Accomplished,…
