Coalition Defends Charitable Giving
According to World News Service, a coalition of 23 large non-profit organizations wrote a letter to Congress July 14 expressing concern that reducing or capping the value of itemized deductions for charitable contributions will hurt charities and those who need their services. The coalition’s letter, signed by the leaders of the organizations and sent to Senator Max Baucus, argues that proposed caps of itemized deductions at 28 percent will result in a decrease in charitable donations. Among the organizations involved in this coalition are the Evangelical Council for Financial Accountability, the American Red Cross, the Association of Fundraising Professionals and United Way Worldwide. The letter says that American charities are still hurt from the decrease in donations during the 2008-2009 recession. The IRS reported a drop of 20 percent in giving during those years.