Legislation

Last month's announcement in the US of proposals to limit tax relief on donations by higher-rate taxpayers has increased concerns about reforming a comparable aspect of Gift Aid in the UK.

 Chicago philanthropist Richard Kiphart contributed generously to Barack Obama’s campaign and is glad he backed a winner.    

President Barack Obama is meeting strong Democratic Party resistance to his proposal to reduce tax deductions enjoyed by upper-income Americans and could be forced to drop or modify the idea.

The language of "crisis" and "recession" is starting to give way to the language of "stimulus" and "recovery" following President Obama's signing of the American Recovery and Reinvestment Act last week. To help America's nonprofit sector make recovery a reality, the National Council of Nonprofits today issued two special reports on the new stimulus law and what it means for community-based organizations.   

The Association for Healthcare Philanthropy (AHP) today issued the following statement regarding limits on tax deductions for charitable donations proposed in the Obama Administration's budget.

House Republican Leader John Boehner calls President Barack Obama’s proposal to limit high earners’ charitable tax deductions a “sharp blow to charities at a time when they are hurting during the economic downturn.”

The North Carolina Symphony has all the money it needs. But in this economy, the orchestra isn't allowed to touch it.

President Obama today proposed to cap the rate that high-income taxpayers can use to claim charitable deductions as part of a plan to finance changes to the country’s health-care system.

In a speech to a joint session of Congress, President Obama called on lawmakers to pass a bill that would greatly increase participation in national-service programs.

On Tuesday, the board of Glass Youth and Family Services in Los Angeles voted to file for bankruptcy protection, unable to overcome falling state reimbursements, rising costs and dwindling donations.