Independent Sector recently published a report on their findings from research on how tax policies impact charitable giving – and what it means for the future.
Their findings include:
- “The study’s estimates of giving for 2018-2025 indicate that up to 2.6 million fewer households could donate each year and charitable giving could be up to $19.1 billion less each year than had 2017 tax code changes not become law.”
- “All five policies could bring in more donor households and four of the five policies could bring in more charitable dollars than could be lost due to recent tax changes.”
- “Four of the five tax policies could generate more giving than cost to the government.”
Take a look at the full report available here: https://independentsector.org/resource/impact-of-five-charitable-giving-policy-proposals/