Thank you to the National Council of Nonprofits for hosting and sharing this conversation regarding a universal charitable deducation:
During this pandemic, charitable nonprofits of all types and missions are stepping up even more in their communities as they struggle simultaneously with rapidly declining revenues.
Organizations are experiencing increased costs from skyrocketing demands for their services, while their revenues have plummeted because they have had to cancel fundraising events and their usual fees, ticket sales, membership dues have vanished, and the capacity of donors to give has plummeted.
Charitable organizations need resources as soon as possible. Six United States Senators have crossed the partisan divide to find common ground in support of a critically needed solution: the Universal Charitable Deduction:
Senator Chris Coons (D-Del.) Senator Amy Klobuchar (D-Minn.) Senator James Lankford (R-Okla.) Senator Mike Lee (R-Utah) Senator Tim Scott (R-SC) Senator Jeanne Shaheen (D-NH)