CGP Public Policy Platform
The CGP Board of Directors has a Public Policy Platform that serves to guide CGP advocacy activities in support of the charitable giving community and the broader nonprofit sector.
The RIFT Project
Charitable Beneficiary IRA Distribution Resource Center
In a recent CGP survey 43% of organizations stated they experienced difficulty in collecting beneficiary proceeds from one or more IRA administrators. This is a matter of great concern to nonprofit organizations across the country. Many individuals and organizations are working to improve the timely distribution of beneficiary proceeds from financial institutions. Through awareness, advocacy and the collection of valuable information to assist organizations, they have created a number of resources to expedite distributions and promote change in institutional policy. The goal of the center is to organize the results of their efforts in one location to benefit the entire nonprofit sector.
National Coalition Advocates for the IRA Legacy Act
Spearheaded by the American Heart Association, a coalition of more than 50 leading national nonprofit organizations are advocating for the passing of the Legacy IRA Act. With the passage of H.R. 2954, “SECURE 2.0” by 414-5 in the House and a unanimous vote passed by the Senate Finance Committee of the (Enhancing American Retirement Now Act, or “EARN Act” this legislation is likely to come to a vote before the end of 2022.
Reforming the Charitable Deduction Report
November 3, 2019
The Joint Economic Committee of the United State Congress has released a new report; Reforming the Charitable Deduction. This is an important bipartisan report on charitable giving that includes analysis on trends in U.S. charitable giving, an insightful overview of the charitable deduction and most importantly possible reforms to make the charitable deduction more equitable to all taxpayers.
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