''Trading Taxes for Donor Dollars'' Benefits Non-Profits; Senate Tax Bill Has Exciting Implications for Charities, Ketchum President Says.DALLAS -- One of the nation's most recognized names in not-for-profit fundraising, Bob Carter, president of Ketchum, Inc., comments on the impact of the Senate tax bill (S. 2020): "If the bill becomes law, it will profoundly affect the charitable and faith-based communities A faith-based community is a community with members who all believe in the same religious concepts, or at least they did when it was founded. Many faith-based communities are communes, although this is not a requirement. . Even more important, it will have a tremendous impact on those who need help, from the indigent indigent 1) n. a person so poor and needy that he/she cannot provide the necessities of life (food, clothing, decent shelter) for himself/herself. 2) n. one without sufficient income to afford a lawyer for defense in a criminal case. to Katrina victims. "The bill's most significant provision is the second part, which allows tax-free donations directly from IRA Ira, in the Bible Ira (ī`rə), in the Bible. 1 Chief officer of David. 2, 3 Two of David's guard. IRA, abbreviation IRA. accounts. "September 11, Katrina and the tsunami were all watershed watershed, elevation or divide separating the catchment area, or drainage basin, of one river system or group of river systems from another system or group of systems. The term is also often used synonymously with drainage basin. events where people demonstrated they want to care for those in their own communities. Some legislators and their constituents have gotten the message. They've seen how people can respond given the opportunity. Legislators are seeing the wisdom of allowing the private sector to have more flexibility. "Healthcare and education in America will benefit because institutions will have more dollars at their disposal. "Trading taxes for donor dollars can be significant. This is pretty exciting stuff." For more information, http://dx.doi.org10.2121/KETCHUM-(capital-fundraising-viscern)-press- release.2 (Due to its length, this URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) |
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