RSS

Category Archives: Giving and Philanthropy

Giving to ECFA Members Exceeds National Trends

While the dominant headlines during the recession have focused on the decrease in giving to nonprofits, this is not the entire story.

We have just completed an analysis of giving to ECFA members. It revealed that for ECFA members renewing membership in the last six months there has been a net gain in giving of 2% from 2009 to 2010. Pre-recession giving compared to three years later was $6.18 billion in 2007 and $6.32 billion in 2010, or an increase of 3.3%.

It is very significant that this segment of the giving world was resilient and maintained itself during a difficult economic time. This suggests a strong commitment of givers to the Christian faith and the generosity of God’s people.

The recessionary impact on giving was more significantly felt by smaller charities. Organizations with annual revenue above $10 million reflected an increase in giving for the 2007-10 period of 3.1%. While the organizations under $10 million annual revenue saw a decrease of 3.2%.

Of the 552 member’s data studied, 43% reflected an increase in giving between 2009 and 2010, 44% showed a decrease and the data for 13% was about the same (plus or minus 2%).

Click here to read more.

 
Comments Off

Posted by on June 8, 2011 in Giving and Philanthropy, Impact of the economy

 

The Challenges of Charitable Solicitation Registration

There are few topics as confusing as state charitable solicitation registration. Nearly everyone who is in a charity leadership position is familiar with the concept but few clearly understand the implications of the laws in the various states as it relates to their charity.

One of the reasons this issue is so confusing is that it is a state, not a federal issue. With so much variation between the charitable solicitation laws in the 50 states, it is no wonder this matter leaves charity leaders puzzled.

Charities that seek contributions nationally must typically register in 39 states and the District of Columbia before starting to solicit. Since many states are increasing their enforcement efforts to ensure that charities and fundraisers are complying with initial and annual registration requirements, it’s important that charities and fundraisers abide by these statutes—especially since noncompliance can result in the imposition of significant fines and penalties.

We have some excellent resources on the ECFA website to help you wade through the details of charitable solicitation registration including a state-by-state summary prepared by our friend and attorney, Chip Watkins.

To better understand these issues, join us for a special Charitable Solicitations Issues Webinar on June 22 at 1 pm EST. The two presenters, Karl Emerson and Dick Travis, are among the most knowledgeable individuals on this topic in the U.S. Karl is an attorney with Montgomery, McCracken and is the former director of the Bureau of Charitable Organizations of Pennsylvania. Dick Travis consults with many nonprofits on charitable solicitation issues and is the president of The Travis Group.

Click here to register.

 
Comments Off

Posted by on June 1, 2011 in Giving and Philanthropy

 

The Government’s Vanishing Charitable Deduction?

Several states are considering capping charitable deductions—New York is the latest. The Administration proposed capping charitable deductions (and other itemized deductions) to fund health care proposals and has stated an intention to include such a proposal in the 2011 budget.

A bipartisan proposal  introduced by Senators Wyden (D-OR) and Gregg (R-NH) bears watching. Under their tax reform bill (S. 3018), standard deductions would soar:  $30,000 for those married filing jointly, $15,000 for singles and $22,500 for heads of households. Such a change would effectively eliminate the charitable deduction (and other itemized deductions) for most taxpayers other than high-income individuals.

And, the chorus of those opposed to the charitable deductions is also rising. Just one example is found in Edward Kleinbard’s blog .  

What does the future hold for the charitable deduction? While it is unclear, it appears there will be increasing pressure to reduce the value of the deduction or eliminate it all together. 

Churches and other Christ-centered nonprofits have always relied on committed givers. The commitment level may be raised in the future—giving without respect to a tax deduction. 

In searching the Scriptures, I find no requirement to obtain a tax deduction before we give. No, giving is a spiritual issue of the heart. It is an act of obedient worship.

 
Comments Off

Posted by on August 25, 2010 in Giving and Philanthropy, IRS

 

Billionaires Pledge to Give—But to Whom?

Bill Gates and Warren Buffet are lining up the billionaires to give to charity. The gifts will be significant—and undoubtedly will help humankind.

But which charities will receive these new-found billions of gifts? Christ-centered charities? Most of the gifts will go to education, the arts, and so on. While some of the new giving will find its way to the Christ-centered word, it will remain the responsibility of believers to give generously to causes to fulfill the Great Commission.

In Bob Buford’s last newsletter, he shares good news about giving. His encouragement is “mirrored by Pamela Hawley, a bright young person who is Founder and CEO of Universal Giving, who said, ‘I can see the fear if I want to. And yet, I am resolutely encouraged.

‘Giving is being pushed down. It is no longer about the 50-year old who has it made and wants to give back. Giving is taking place at the age of 10. College students are using their spring vacation to build homes. Media stations are using their news stations to get people involved.

‘Good people, good things, good partnerships are transpiring. Find them, see them, stoke them, cherish them. And goodness will begin to explode across the world in the most wonderful way. It already is.’”

 
Comments Off

Posted by on August 17, 2010 in Giving and Philanthropy

 
 
Follow

Get every new post delivered to your Inbox.