Words to Live By: Is It Time to Panic?
Not yet. But it is time to bone up on the legislation looming over the nonprofit sector.
Following is an update on some of the issues the Direct Marketing Association Nonprofit Federation is monitoring.
Non-cash gifts
The DMANF is resisting efforts to modify the non-cash gifts rules that would affect donations of food, clothing, books, land, etc. There are proposals on Capitol Hill that could hurt many organizations relying on such donations. The U.S. Senate Finance Committee was preparing sweeping new reforms that could harm giving, but the tide has turned slightly in favor of creating new giving incentives.
- Companies:
- DMA Nonprofit Federation
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