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Category: Nonprofit Fundraising

Will New $300 Tax Deduction Spur Donations to Charity?

Will New $300 Tax Deduction Spur Donations to Charity?

The coronavirus or COVID-19 pandemic has made nonprofit charities in the U.S. and abroad more crucial than ever. They’re a key part of the safety net, providing support to people who are hungry, unhoused, ill, or face other life challenges. Yet the pandemic has impacted donors’ very ability to make contributions, or at least their confidence in parting with hard-earned cash given the uncertainty of the future, economic and otherwise. In a global survey of charities by CAF America, nearly…

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Nonprofits in Financial Distress: Coronavirus-Relief Loans Might Help

Nonprofits in Financial Distress: Coronavirus-Relief Loans Might Help

The Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) which was signed into law on March 27, 2020, allocated a record $2 trillion in various forms of relief to businesses, individuals, various government agencies, and yes, nonprofit organizations. The idea is to smooth the financial disruption caused by the COVID-19 pandemic.  Specifically what’s in it that can help nonprofits in financial trouble? In brief, you might be able to access loans to: Help meeting payroll, rent, mortgage, or…

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Disney Action Against School Shows That Small Nonprofit Fundraisers Don’t Fly Under Radar

Disney Action Against School Shows That Small Nonprofit Fundraisers Don’t Fly Under Radar

It’s no fun being the nonprofit board member or volunteer who tells others, “We can’t do that, it’s a violation of [someone’s copyright, or trademark, or other rights].” I’ve had to be that person, and the usual response is, “Oh, come on, we’re hardly making any money anyway,” or “You seriously think anyone is going to notice?” Guess what. Disney notices. It’s all described here, in “Disney fined a PTA for showing the Lion King at a fundraising event to…

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Want Your Charitable Deduction Back at Tax-Time? Push for Universal Charitable Deduction

Want Your Charitable Deduction Back at Tax-Time? Push for Universal Charitable Deduction

Any day now, Americans preparing their Forms 1040 are going to either learn or come face to face with a certain cold truth: their charitable deductions do them no good, tax-wise. (Unless they’re super rich, that is, but the super-rich don’t even prepare their own 1040s; their accountants will figure out the value of their gifts to nonprofit organizations.) It’s not that the charitable deduction is gone. The reason for this change is the doubling of the standard deduction that…

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Holiday Season 2018 to Test How Much Donors Are Motivated by Tax Deductions

Holiday Season 2018 to Test How Much Donors Are Motivated by Tax Deductions

End-of-year giving traditionally gives struggling nonprofits a way to make up for any lost ground and get a budgetary boost into the new year. Starting with Giving Tuesday (November 27 this year), the public is treated to, or annoyed by, a chorus of messages from needy nonprofits. Despite any annoyance, many generous people respond, such that approximately 30% of individual giving happens in December. We are weeks away, however, from what could be a seismic shift. The timing of holiday…

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