10 Updates

It's 'Giving Tuesday' but the future of charity in America is in danger

Source: FOX News, Nov 27 2012, 10:09am CST

Political pundits are absorbed with the fiscal cliff facing America if the spending cuts and tax increases set to go into effect Jan. 1 are not somehow addressed. To be sure, we all feel a sense of impending doom if this crisis ...

Continue reading on: FOX News

 
 
Update
10

2 hours ago

Charity giving rose in 2012 to $316 billion

Source: Pittsburgh Post-Gazette  |   Jun 18 2013, 11:23pm CDT

Charitable donations in the U.S. last year grew by 3.5 percent to $316.2 billion over 2011, but still fell short of the amount that Americans donated in 2007 when giving peaked before the economic recessi ...

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Update
9

10 hours ago

METI Seeks Wider Tax Deductibility For Executive Pay

Source: Nikkei News  |   Jun 18 2013, 3:34pm CDT

TOKYO (Nikkei)--The Ministry of Economy, Trade and Industry will propose allowing companies to deduct more of executive compensation from their taxable income, as part of fiscal 2014 tax reform. read full article... Th ...

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Latest Politics News

 
Update
8

11 hours ago

Protect Charitable Deductions for Stronger Communities

Source: PhilanTopic  |   Jun 18 2013, 2:21pm CDT

(Jen Klaassens is vice president of programs at the Wasie Foundation, which supports scholarship programs for students of Polish ancestry at colleges and universities in Minnesota and make grants to nonprofit charitable organizations in a number of ...

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Update
7

13 hours ago

CBPP: State Income Tax Revenues Surge 17.6%

Source: TaxProf Blog  |   Jun 18 2013, 12:24pm CDT

Recent tax collections are considerably higher than last year in most states and, in many cases, exceed states’ projections when they adopted their current budgets in the spring of 2012. In 32 states for which data are available, state tax coll ...

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Update
6

14 hours ago

PM's tax proposals are riddled with holes

Source: Morning Star Online  |   Jun 18 2013, 11:17am CDT

There is certainly evidence of a lack of determination to deliver, despite the Prime Minister's protestations that he has secured a deal with British overseas crown territories to produce statistics and data on beneficial ownership of companies ...

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Update
5

17 hours ago

Giving USA Report: 2012 Charitable Giving Grew Almost 4%, Corporate Donations Grew 12%

Source: The Huffington Post  |   Jun 18 2013, 8:29am CDT

* Giving USA report shows donations up 3.5 pct, still lag 2007 peak * Corporate gifts up 12.2 pct, bequests down * Environmental, arts giving benefited; religious giving flat By Susan Heavey WASHINGTON, June 18 (Reuters) - Individual charitable ...

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Update
4

17 hours ago

Arts and culture was fastest-growing philanthropic cause in 2012

Source: Los Angeles Times  |   Jun 18 2013, 8:19am CDT

But before anyone breaks out the champagne, it should be noted that because of inflation, arts donors would have had to ante up $15.17 billion in 2012 -- 5.1% more than they actually gave -- to match the purchasing power they’d provid ...

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Update
3

19 hours ago

Donations Rose Only Slightly Last Year

Source: Chronicle of Higher Education  |   Jun 18 2013, 6:08am CDT

Donations to nonprofit colleges and other charities are inching up so slowly that it will take at least six more years for most organizations to raise as much as they did in 2007, before the recession hit, predict researchers ...

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Update
2

19 hours ago

Giving rebounds, but not to pre-recession levels

Source: MSNBC  |   Jun 18 2013, 5:44am CDT

By Susan Heavey, Reuters Individual charitable giving in the United States grew almost 4 percent last year according to a new report that shows donations by Americans to nonprofit groups mirror the slow recovery of the larger economy. Overall, ...

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Update
1

23 hours ago

Giving USA: Charitable Donations of $316.23 Billion in 2012 Showed...

Source: PRWeb  |   Jun 18 2013, 2:28am CDT

"When you consider all the factors that go into determining how much we give to charity, modest growth makes sense and is actually encouraging," said L. Gregg Carlson, chair of Giving USA Foundation. The 3.5 percent year-over-year growth ra ...

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