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Senators Push to Restore the Universal Charitable Deduction: 3 Things You Need to Know

NonProfit PRO

Last week, senators introduced legislation to make the universal charitable deduction effective for tax years 2023 and 2024. Now dubbed “Charitable Act,” the legislation, if passed, would give more Americans the ability to claim tax deductions for charitable contributions.

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Is There An Inequality Tipping Point for Nonprofits?

Blue Avocado

For many years, there has been a notable decline in the number of Americans making charitable contributions. At the same time, worsening heat and weather will mean that the nonprofit sector is more needed than ever: The impact of climate change will cause widespread suffering that only government and nonprofit action can address.

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3 Top Compliance Challenges for Nonprofits + Expert Advice

NonProfit Leadership Alliance

In this guide, we’ll review expert tips for overcoming the top three nonprofit compliance challenges: Complying with governance guidelines Following fundraising requirements Reporting finances accurately Accuracy and thoroughness are key to maintaining compliance so your nonprofit can continue its important work.

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Can Nonprofits Escape Corporate Capture?

NonProfit Quarterly

At the same time, within this austerity framework, nonprofits increasingly fill holes in sectors ranging from education to healthcare to journalism to social services that we depend on the most and that have been receiving less and less government support. Nonprofits are a feature of tax law and corporate governance laws.

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Using Impact Science to Solve Hunger More Effectively

Stanford Social Innovation Review

As a result, 37 percent of adults received some type of food assistance from a nonprofit organization or a government service to help feed their household in the last year, according to a 2021 study by Impact Genome and The Associated Press-NORC Center for Public Affairs Research. So we aren’t spending enough.

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Generosity Commission: Giving, Volunteering And Civil Society Complexities

The NonProfit Times

Gianoni sees individuals within the philanthropic sector, businesses and government officials as benefitting from reading the report. The report is targeted at a wide swath of America. “ Even our presidential race this year, nobody talks about it.” Even [within] our presidential race this year, nobody talks about it,” he said.

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Sponsorship v. Donations: The Drawbacks and Benefits

NonProfit Hub

The “benefit” can be anything from promotion as the title sponsor of an event, for example, or simply a meal and entertainment at that same event. ” Where’s the reciprocity?