News
  • Tax reform proposal threatens charities

    April 2 2014 by J.C. Derrick, World News Service/Baptist Press | with 0 comments

    Charities could face dwindling donations if Congress adopts a new tax reform proposal introduced by Rep. Dave Camp, R-Mich., chairman of the House Ways and Means Committee. In fact, charitable organizations say it could cost them billions in donations.

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  • Evangelicals give more to charity, Barna finds

    April 22 2013 by Baptist Press | with 0 comments

    Evangelical Christians tend to give more to charity than their peers, according to a new study by the Barna Group.

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  • Charitable deduction cap would be ‘devastating’

    November 30 2012 by Tom Strode, Baptist Press | with 1 comments
    Charitable deduction cap would be ‘devastating’

    A proposal to limit charitable deductions would be devastating for churches, religious organizations and other nonprofits if adopted by the federal government, says a Southern Baptist church-state expert. Leaders in both political parties have suggested further restricting charitable deductions for at least some Americans who itemize on their tax returns as a way of helping avert the “fiscal cliff” facing the country Jan. 1.

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  • With a sluggish U.S. economy and fears of an impending “fiscal cliff,” donors identify “trust” as a top priority in selecting Christian ministries and nonprofit endeavors for their year-end giving.

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  • Sandy, tax changes expected to impact year-end donations

    November 28 2012 by Elizabeth Weise, Religion News Service | with 0 comments

    The recession continued to affect how much Americans gave to charity last year, and the triple whammy of Superstorm Sandy, a national election and the looming fiscal cliff may cut how much we donate in the crucial final month of 2012, experts say.

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  • U.S. jumps to top of charity index

    January 13 2012 by Lauren Markoe, Religion News Service | with 0 comments

    Americans: the most generous people in the world. In this season of giving, that’s no idle gloat. According to a new study, the United States tops a massive global charity survey, rising from fifth place in 2010.

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  • Charitable tax code change in works

    October 24 2011 by Holly Naylor, Baptist Press | with 0 comments
    Charitable tax code change in works

    WASHINGTON – The current tax deduction for charitable giving is under attack, and the services provided by churches and other institutions could suffer, U.S. senators were warned Oct. 18.

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  • Budget proposal could impact charitable gifts

    March 5 2009 by Steve DeVane, BR Managing Editor | with 0 comments

    Baptist organizations are trying to gauge the impact of a proposed change in the federal budget that could decrease the tax benefit for wealthy donors of their charitable gifts. President Barack Obama’s proposed budget would decrease the tax benefit of deductions for a taxpayer making more than $250,000 from 35 percent to 28 percent

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