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.
2024 CGP Advocacy Update Series
CGP hosts a series of advocacy updates throughout the year. These bi-monthly sessions are scheduled for Thursdays at 1 p.m. ET and are free to anyone who registers.
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.
Cryptocurrency Memorandum released by IRS
January 13, 2023
Read the IRS Memorandum on the qualified appraisal requirement for charitable contributions of cryptocurrency.
Secure 2.0 Expands IRA Rollover to Life Income Gifts
December 29, 2022
The Consolidated Appropriations Act of 2023 has now been signed into law by President Biden. Contained in the legislation is the Secure Act 2.0, which addresses many issues related to retirement planning. Most importantly for charities, it expands the definition of qualified charitable distributions (QCDs) and begins indexing the direct gift amount of $100,000 for inflation starting in 2024.
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.