Sign on to Charitable Giving Coalition letter of support for Universal Charitable Giving Pandemic Response Act TODAY!
Our friends from the Charitable Giving Coalition are circulating a one-pager supporting inclusion of the Universal Giving Pandemic Response Act (S. 4032, H.R. 7324) in the next COVID relief package.
TAKE ACTION TODAY: Add your organization to the Universal Giving Pandemic Response Act Endorsement List confirming your support for the bill.
The deadline to sign on is TODAY, July 28, 2020
Why is this important? The Universal Giving Pandemic Response Act (S. 4032 / H.R. 7324) would make available (for both 2019 and 2020 tax years) an above-the-line deduction for charitable giving on federal income taxes valued at up to one-third of the standard deduction (around $4,000 for an individual filer and $8,000 for married joint filers). Expanding the above-the-line deduction in the CARES Act is a major policy priority of the nonprofit community, as explained in the Nonprofit Community Letter signed by more than 450 national organizations.
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