Friday, November 22, 2013
$9-Billion in Gifts at Risk if Deduction Is Reduced, Study Forecasts - Government - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas
$9-Billion in Gifts at Risk if Deduction Is Reduced, Study Forecasts - Government - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: As nonprofits begin a new round of lobbying against President Obama’s longstanding efforts to limit the value of the charitable deduction, the American Enterprise Institute estimates that such a move would prompt donors to withhold more than $9-billion in gifts a year—a higher amount than previous studies have found.
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