Election Results Unlikely to Dampen Year-End Giving, Experts Say

Now that Republicans have made major gains in the Congressional elections, donors have a better idea of how lawmakers are thinking about taxes—and that could be a major influence in their decision making as the year-end giving push gets into high gear.

Even though Republicans made low tax rates for the wealthy part of their election pledge, their victories do not mean that wealthy donors now lack a key motivation to give, says Robert F. Sharpe, a Memphis planned-giving consultant.