A broad coalition of philanthropic leaders dedicated to promoting common-sense, non-partisan tax reforms to increase and accelerate funding to working charities
As real giving remains in decline, “nonprofits are taking the brunt of inflation,” reports @InsidePhilanthropy. That’s why it’s important to #AccelerateGiving – so working charities are able to help our communities thrive.
“Giving USA’s report is a reminder that during a time of unprecedented need and with hundreds of billions of dollars uselessly warehoused, it’s incumbent on donors and trustees to view themselves as more than passive bystanders dutifully responding to market gyrations.”
According to National Philanthropic Trust, DAF payout rates declined from 28.7% in to 22.5% from 2021-2022. With so many urgent issues facing society, it is even more critical to #AccelerateGiving and ensure these funds are accessible to working charities. https://t.co/hispTZYDPy
The continued decline in charitable giving calls for action. As we work towards increasing dollars donated, lets also work to #AccelerateGiving so these funds quickly reach working charities.
Year-end giving was down 2.8 percent compared to 2022, according to a new study. Donor participation fell across the board. #philanthropy
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IACG member @GivingGap’s State of Black Nonprofits Report: “The top need identified by these organizations is financial support for general operations (97%), highlighting the importance of grants and contributions.” #AccelerateGiving https://t.co/VVhHVhZgyO
“Amid all this growth, there does appear to be a slowdown over the past few years in just how fast the pool of grant dollars is rising.” Let’s get these contributions back on the calendar and accelerate giving to charities sooner rather than later.
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After a tough giving season, every donation directed to charities makes a world of difference. It’s time to move funds out the door and into the hands of working charities so they can continue to tackle society’s most urgent needs.
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Working charities are facing a giving crisis and doing their best to stay afloat. Accelerating funds to them faster means more resources for their critical and urgent work of helping communities. https://t.co/hdVIIYd3us
“Food insecurity is not seasonal” - Elissa Pollack of @SecondHarvestSW
Charities combat many challenges that don’t stop after the season of giving ends – so neither should giving. In 2024, accelerating resources to working charities all year long is in. https://t.co/wYTafFHxjZ
.@projecthopeorg’s Cinira Baldi: “Having funding that is not available because it’s tied up in DAFs really creates constraints for any of the NGOs who are responding to the urgent [crises] around the world” #AccelerateGiving https://t.co/rpfIvJXaoj
An @IPS_DC report spotlights the gaps in charitable giving. Now, 41% of all donations are going to charitable intermediaries and remaining on the sidelines. This holiday season, let’s commit to getting these donations to working charities faster.
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As working charities brace for another year of slowed giving, we can lighten the burden by modernizing the tax code. This means ensuring donations make it into the hands of working charities in a timely manner.
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On #GivingTuesday, we’re reminded of the essential work of America’s charities in communities across the country. While American generosity shines bright during the holidays, we shouldn’t forget the need to support working charities all year long.
Jon Pratt of @SmartNonprofits: “Nonprofits organizations in Minnesota are eager to serve their communities, but are continuing to deal with unprecedented workplace costs, skyrocketing demand for services, and increased budget pressures.” https://t.co/asujm8uNvM
Accelerating funds to working charities means better supporting the work of organizations like @RTA_ARTS. Read more about them and why they believe it’s time for charitable tax reform: https://t.co/GmmPfgcC8u
Working charities continue to face increasing demands for their services despite limited resources. We can’t let society’s problems continue to compound – it’s time to modernize our tax laws so that resources get to working charities in a timely manner. https://t.co/sfUE6TXqb0
IACG member Melanie Lundquist says – and we agree – “Philanthropy has such a positive impact on American society when done right. But that positive impact can be realized only if the charities and nonprofit organizations receive that money.” https://t.co/BL8kDOSIwr
Thomas Vozzo of @HomeboyInd on how accelerating funds to working charities can uplift communities: “Unlocking charitable dollars means more comprehensive mental health services, workforce development programs, housing initiatives, & access to education…” https://t.co/lfg8KtPgiv
IACG member Edward Skloot said it best. The need to accelerate funds to working charities is clear now more than ever – It’s time to make it happen. https://t.co/HNHDiOboKo