Trump’s Defeat Won’t End the Considerable Challenges Facing Nonprofits
The election results will create a more welcoming environment for nonprofits in the nation’s capital, but don’t expect significant changes when it comes to everything from pandemic assistance to tax laws.
Biden’s Tax Proposals Cause Reason for Concern About Charitable Giving
It makes little sense to say charities shouldn’t worry if taxes are increased,
Foundation Leaders, Now Is the Time to Make Sure All Election Votes Are Counted
Grant makers should call emergency board meetings to consider things like funding legal defense of all properly completed mail ballots; investigation of and possible legal action against the postal service and those who may have given it instructions; and immediate investigation of charges of voter suppression.
Philanthropy’s Efforts to Protect Voting Rights and Strengthen Democracy
To mark Election Day, we’ve collected the Chronicle’s best recent reporting on philanthropy’s role in shoring up democratic institutions and protecting voting rights.
Poll of Voters Shows Nonprofits Get High Marks for Covid Response
Voters also said they hope Congress and the White House will work to provide financial support to nonprofits struggling because of the health and economic crisis.
Biden’s Tax Plan Would Steer Aid to the Poor but Could Deter Some Wealthy Donors From Giving
The Democratic presidential candidate wants to aid the working poor and low-income families, while offering a mix of changes that give some affluent people incentives but put limits on others.
Nonprofits Call on Congress to Enact More Relief Now
The leaders of 38 national nonprofits pressed Congress and the White House to negotiate a Covid relief package now, and not to wait until after the election.
Donor Lawsuits Following Blackbaud Hack Now Target Nonprofits, Too
The latest lawsuit against the fundraising software company also asked three nonprofits — Harvard University, Bank Street College of Education, and the Lower East Side Tenement Museum to help donors whose information appears to have been stolen in a ransomware attack.
Senate Legislation Would Expand Charitable Deduction for People Who Don’t Itemize
The deduction, which would be in effect for the 2020 tax year only, would increase to $600 for individuals and $1,200 for couples, according to the Alliance for Charitable Reform.
We Need Organized Philanthropy — Not Just Charity — to Create Real Change
This year will no doubt go down as a year of unparalleled change in how people live, work, and interact.
Wealthy Donors’ ‘One for Democracy’ Effort Looks to Raise $100 Million to Protect the Vote
A group of 70 philanthropists who pledged to put 1 percent of their wealth toward efforts improve the democratic process says it has already collected $38 million in commitments for its new democracy effort.
Rockefeller-Led Covid Testing Plan Steps In to Replace Government Inaction
In the absence of clear federal guidance the grant maker, along with other partners, is leading the way on multiple fronts in the effort to include Covid testing and tracing.
Obama Foundation Poised to Be a Powerful Force in Racial Justice Movement
However, some nonprofit leaders say they wish the Obamas had used their star power to engage with grassroots efforts more directly.
Senate Stimulus Bill Would Expand Loan for Charities but Omit Other Nonprofit Priorities
Under the legislation, a second round of Paycheck Protection Program loans would be limited to nonprofits with 300 or fewer employees. The bill offers no changes to current law on charitable deductions or foundation payout requirements.
Some Nonprofits Hail Paycheck Protection Program as a ‘Savior’; Others See Layoffs Continue
Some groups have hired back workers or reopened programs. For others, the benefits have been fleeting.
Religious Groups and Schools Got the Most PPP Loans
The Chronicle of Philanthropy analyzed the data for 42,462 organizations that received loans of $150,000 to $10 million.