Charitable-Giving Plan Divides Nonprofit Groups and Worries Donors

“The upcoming tax hit has forced us to decide what must go,” Mr. Bacile said. “We will still be giving about $5,000 a year to charities that are very important to us for sentimental reasons, But the remaining $5,000 to $6,000 will be going to Obama’s plan. I am not a fan of government deciding what charities deserve my money.”

Plan Won’t ‘Kill Giving’
But some experts believe concerns about the economic impact of lowering the charitable deduction are exaggerated, and the actual effects of the provision on giving by the wealthy would be relatively modest.