The Very Survival of Nonprofits Is Being Threatened
The threat is coming from our own government. But there are things you can do.
I know not all donations are given for tax purposes. But our country has always recognized that charitable donations should be encouraged, not discouraged. And those who contribute the most to charity should not be disincentivized.
Estimates are that this scheme could cost nonprofits billions of dollars a year in contributions. Specifically, nonprofits would be faced with a significant loss of major-gift income (the most cost-efficient kind of revenue) and forced to cut employment and reduce the services they offer to help our nation's neediest.
- Companies:
- Federal Express
Tom Harrison is the former chair of Russ Reid and Omnicom's Nonprofit Group of Agencies. He served as chair of the NonProfit PRO Editorial Advisory Board.
Related Content
Comments
