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CFW 17.08.15

Posted by National Catholic Development Conference

Date Published - Aug 15, 2017 11:31:00 AM

NEED-TO-KNOW NEWS

GOP tax plans pose $13 billion threat to charitable giving. Will lawmakers listen?

“With healthcare reform hung up in the Senate, Congress and the Trump administration are apparently shifting their primary legislative focus to tax reform. Without modifications, however, Republicans’ leading tax-reform proposals are likely to reduce charitable donations by over $13 billion annually. One hopeful sign is that senior officials now recognize this looming problem. But even though the charitable sector is in broad agreement on a straightforward solution, it remains far from clear that those leading the charge on tax reform have decided to adopt this solution.” [Philanthropy Daily]

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Topics: Multi-Channel Marketing, Donor engagement


CFW 17.08.08

Posted by National Catholic Development Conference

Date Published - Aug 8, 2017 12:55:45 PM

NEED-TO-KNOW NEWS

Charities Coax Lawmakers to Rethink Tax Plan

Charities stand to lose billions in donations if Republicans advance their tax overhaul, prompting the nonprofits to carefully attempt to persuade lawmakers to reshape their plan.

As a result of a proposal to double the standard deduction and prevent people from deducting state and local taxes from federal taxable income, fewer taxpayers -- 5% instead of 30% -- would have a financial incentive to itemize their deductions, including their charitable gifts, according to several estimates.” [Fox Business]

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Topics: Multi-Channel Marketing, Donor engagement


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Catholic Fundraising Weekly is a digest of the latest trends shaping Catholic fundraising today. The content featured in this weekly newsletter is specifically curated for Catholic fundraisers and includes news, trends, tips, and tactics, in addition to relevant news from the Catholic community and a bit of inspiration for those called to the ministry of fundraising.

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