With the Federal budget cutting frenzy growing there have been discussions of removing the tax deduction for charitable giving. What would be the impact? These articles are some I have found on this topic. Please add others.
* Jewish Philanthropy article on The Impact of Taxes on Giving in 2010 and 2011
* Center for Non Profit Excellence - Incentivizing charitable donations article
None of these discusses weather or not donors would contribute to non-501-c-3 organizaitons such as Tutor/Mentor Institute. We're looking for articles related to this.
Donors supporting causes such as helping sick child - read FAQ section on GiveForward site. Give forward has raised over $5million for medical expenses and other causes.
Here are a couple of other pages with information on social investing
33 Needs. http://33needs.com/pages/faq"I'm confused. Why do you call this an investment? Because it's important to distinguish this from charity. This is impact investing. Investors are being asked, and offered, the chance to make a personal and emotional connection -- an investment -- with a company. A social entrepreneur is being asked to make a reciprocal promise to its investors -- that it will use the investment to create greater value. It's an ongoing relationship, they're in this deal together."
Start Some Good - http://startsomegood.com/Help/FAQ "Q: Is my financial support tax deductible? A: Unless otherwise stated, your support is not tax deductible. However you will get some awesome rewards, and the even more awesome feeling of helping someone start good!"
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