Preserving the Charitable Deduction

August 30, 2011

in Advocacy from TCG & PAA

In mid-July, TCG joined with the Performing Arts Alliance and its member organizations and signed an open letter from Independent Sector, a broad coalition of not-for-profit organizations, urging President Obama and Congressional leaders to protect the income tax deduction to 501(c)(3) organizations as they negotiated the debt limit and deficit reduction deal. The letter was delivered to the Administration and Congressional leaders and was published in Politico on July 18. Tax changes are not included in the initial phase of the debt and deficit deal but may be included in the recommendations that come from the joint committee that is charged with finding additional savings.

When members of Congress return in September, the full Congress will be focused on tax and budget matters including consideration of proposals that put at risk the income tax deduction to 501(c)(3) organizations. Charitable giving incentives are critical to the health of not-for-profit organizations, including the not-for-profit arts, and support the valuable community services provided by the full range of not-for-profit organizations.

Action: Contact your members of Congress to urge support for the charitable deduction! Click here to contact your elected officials and communicate the value of this important charitable giving incentive. Visit Independent Sector’s website for background materials, talking points and the latest information on protecting the charitable deduction.

{ 1 comment… read it below or add one }

laurent January 7, 2014 at 10:57 am

Trop cool

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