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Tax Law Could Slash Giving by $19 Billion a Year, Report Says

June 07, 2019 11:17 AM | Philanthropy Delaware (Administrator)

The 2017 federal tax overhaul could cut the number of households donating to charity by 2.6 million per year and reduce charitable giving by up to $19.1 billion per year through 2025, according to a new report.

The study was commissioned by Independent Sector, a group that advocates on behalf of nonprofits, and was conducted by the Lilly Family School of Philanthropy, at Indiana University.

Click here for the full report


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