On January 22, 2013, Schneider Downs will host a breakfast forum to discuss trends in charitable giving programs and the impact of recent regulatory changes on not-for-profit organizations. The Forum will address challenges facing not-for-profit organizations dependent on charitable gifts to fulfill their tax-exempt missions.
As we have seen in recent years, declining investment returns and cutbacks in government funding have increased pressure on an organization’s charitable giving program. It is more important than ever for a charitable organization to ensure that its procedures addressing charitable giving are in compliance with current tax laws, that it understands gift restrictions and the related financial and tax reporting implications of such restrictions, and has a working knowledge of planned giving opportunities. These concerns are heightened by current discussions in Washington, DC regarding the charitable contribution deduction and its role in tax reform.
If you have any questions regarding your year-end gifts, please contact a member of the Schneider Downs Not-for-Profit Services Team.
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