Open Comment Period: The Charitable Deduction

In 2011, the Philanthropy New York board approved a formal process for our organization to take an official position on pressing policy concerns and formed a Public Policy Committee to advise staff on how to proceed on such issues. In 2012, we took our first official policy position in favor of simplifying the federal excise tax on private foundations.

We have been tracking several issues and one in particular has advanced to the point where the Public Policy Committee has recommended making an official statement. This is the point in the process where we open the discussion to all Philanthropy New York members, which is the penultimate step before the Board officially endorses or declines to endorse the position.

The Public Policy Committee has recommended adopting this official statement on charitable deductions:

Consistent with Philanthropy New York’s mission to enhance and expand philanthropy, PNY supports public policy that encourages charitable giving. PNY recognizes the role that tax policy plays in encouraging and structuring gifts that support nonprofit organizations and communities. PNY’s Public Policy Committee recommends that the PNY board adopt the following position statement in support of the charitable deduction: “Philanthropy New York supports maintaining full deductibility of itemized charitable deductions.”

Please use the comments section below to weigh in on PNY’s official statement. All comments will be reviewed and incorporated into the analysis that goes to the Board for discussion. The open comment period will go through Wednesday, September 4, 2013.

To help inform members’ thinking, we have developed an issue guide on the Charitable Deduction that lays out “pro,” “con” and “alternative” points of view on the topic.

If you have any questions about Philanthropy New York’s public policy work, please do not hesitate to contact our Vice President of Communications & Public Policy, Michael Hamill Remaley, at mremaley@philanthropynewyork.org or 212-717-0699 x222.

0 Responses to “Open Comment Period: The Charitable Deduction”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




About Our Blog

This is a forum for Philanthropy New York members to discuss issues affecting our sector and the practice of philanthropy.

Share This

Bookmark and Share

Philanthropy New York on Twitter

Categories

August 2013
M T W T F S S
« Jul   Sep »
 1234
567891011
12131415161718
19202122232425
262728293031  

Follow

Get every new post delivered to your Inbox.

Join 61 other followers

%d bloggers like this: