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Tag Archives: foundations
Schumer Adds Charity Provisions to Extenders Bill
Senator Charles Schumer (D-NY) intends to add another provision to the tax extenders legislation that could further impact charities. The American Jobs, Closing Tax Loopholes, and Preventing Outsourcing Act of 2010 (H.R.4213) already includes an extension of the IRA Charitable … Continue reading
Posted in Economic Recovery
Tagged Charles Schumer, Chuck Grassley, foundations, IRA Rollover, Senate Finance, tax extenders
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Charitable Donations See Slight Drop in 2009
Despite more downcast estimates, the Giving USA Foundation and its research partner, the Center on Philanthropy at Indiana University, released a report showing American charitable contributions have declined only about 4% in 2009. The total contributions, given by U.S. individuals, … Continue reading
Posted in Economic Recovery
Tagged charitable deduction, economy, foundations, Giving USA Foundation
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