November 18, 2014 Open Letter to Congress
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November 18, 2014 Open letter to Congress: Millions of individuals and families are served by the essential work of America’s public charities, which is made possible in part by incentives for charitable giving in our tax code. As Congress returns for a post-election session, we strongly urge you to make permanent the provisions in the America Gives More Act (H.R. 4719) before the end of 2014. This package of five charitable provisions includes renewing and making permanent three expired tax extender provisions: the IRA charitable rollover, the enhanced deduction for donating land conservation easements, and the enhanced deduction for donating food inventory. Also included is a measure to extend through April 15 the deadline for claiming charitable donations on the previous year's tax filing and a measure to simplify to 1 percent the excise tax rate for private foundations' investment income. Originally enacted in the Pension Protection Act of 2006 as a way to encourage increased charitable giving, the three charitable giving tax extenders have demonstrated a significant impact on the nonprofit community. The IRA charitable rollover increases the ability of older Americans to make gifts to charities by allowing individuals age 70½ or older to donate up to $100,000 to a qualifying public charity directly from their IRAs without incurring tax on the withdrawal. During the first two years the IRA charitable rollover was available, it prompted more than $140 million in gifts, assisting social service providers, religious organizations, cultural institutions and schools, and numerous other nonprofit organizations. The enhanced deduction for donations of food allows individuals and organizations to reduce their taxable income by providing qualifying food inventory to certain charitable organizations. According to Feeding America, 3.6 billion pounds of food is distributed by food bank members each year. This legislation would significantly increase food bank access to the 70 billion pounds of nutritious food wasted each year, particularly the 6 billion pounds of produce that does not make it to market. The enhanced deduction for donations of land conservation easements allows land owners to get a meaningful deduction for permanently retiring development rights to their property to protect and preserve significant natural resources. A survey by the Land Trust Alliance showed that this incentive helped 1,700 land trusts increase the pace of conservation by a third – to over a million acres a year. Unfortunately, these charitable tax provisions were allowed to expire on January 1 for the fourth time in recent years. On each of the three previous occasions, an entire package of tax extenders was reinstated retroactively at the end of the following year. While this may be an adequate solution for many provisions in the extenders package, these charitable provisions are different. For each day that goes by without an incentive in place and assured, many of the gifts the incentives were intended to promote will simply not take place. The time to plan and execute the gifts will have already passed by. For all these reasons, we urge you to support any opportunity prior to the end of 2014 to make permanent the critical giving incentives included in the America Gives More Act, including the IRA charitable rollover, the enhanced deduction for donating land conservation easements, and the enhanced deduction for donating food inventory. We hope to see these provisions made permanent as soon as possible in order to continue sustaining the vital work of charitable organizations in our communities. Thank you for your consideration, 1 Independent Sector Global Orphan Assistance Foundation Agudath Israel of America Grassroots International Alliance for Charitable Reform Heifer Foundation Alliance for Children and Families Heifer International The ALS Association Immune Deficiency Foundation American Alliance of Museums International Children's Heart Foundation American Autoimmune Related Diseases Association International Primate Protection League American Behcet's Disease Association Islamic Society of North America American Cancer Society Cancer Action Network Jewish Federations of North America American Chemical Society Land Trust Alliance American Friends Service Committee LeadingAge American Heart Association League of American Orchestras American Institute for Economic Research, Inc. LIVESTRONG Foundation American Jewish Committee (AJC) Lupus and Allied Diseases Association, Inc. American Kidney Fund Lutheran Services in America American Library Association March of Dimes American Lung Association Meals On Wheels Association of America American Red Cross Mesothelioma Applied Research Foundation American Society of Association Executives National Association for Interpretation Americans for the Arts National Association of Area Agencies on Aging Americans for the Arts Action Fund National Association of Clock and Watch Collectors America's Charities National Audubon Society Association for Healthcare Philanthropy National Council of Nonprofits Association of Art Museum Directors National Human Services Assembly Association of Direct Response Fundraising Counsel National Multiple Sclerosis Society Association of Fundraising Professionals National Parks Conservation Association BoardSource National Urban Fellows Boy Scouts of America National Wildlife Federation BrightFocus Foundation National Woodland Owners Association Camp Fire National Headquarters National Youth Leadership Council Celiac Disease Foundation Native American Rights Fund Coalition for Pulmonary Fibrosis Natural Resources Defense Council Community Health Charities of America The Nature Conservancy COPD Foundation Network for Good Council for Christian Colleges & Universities Neuro Immune Disease Alliance Council on Foundations OPERA America Cystic Fibrosis Foundation OWL-The Voice of Women 40+ Dance/USA Prevent Blindness DMA Nonprofit Federation The Retirement Research Foundation Donors Forum The Salvation Army Easter Seals Scleroderma Foundation Ecology Project International Society for Experimental Graphic Design (SEGD) Epilepsy Foundation Spinal Cord Injury Network International Family, Career and Community Leaders of America U.S. Pain Foundation, Inc. Feeding America UNCF (United Negro College Fund) Foundation of the National Student Nurses' Association, United Way Worldwide Inc. VisionServe Alliance Friends Committee on National Legislation Volunteers of America Girl Scouts of the USA The Wilderness Society Girls Inc. YMCA of the USA Glaucoma Research Foundation Zionist Organization of America Global Impact 2 Alabama Alabama Dance Council Mobile Medical Museum Bay Area Food Bank Montgomery Museum of Fine Arts Freshwater Land Trust Pelican Coast Conservancy Iron and Steel Museum of Alabama Alaska Copper River Watershed Project Mat-Su Trails & Parks Foundation Arizona Alliance of Arizona Nonprofits Sharlot Hall Museum Desert Foothills Land Trust St. Mary's Food Bank Alliance Jewish Community Foundation of Southern Arizona United Food Bank Phoenix Art Museum Valley of the Sun United Way Sedona Historical Society Arkansas Arkansas Nonprofit Alliance Restoration Village Food Bank of Northeast Arkansas Shiloh Museum of Ozark History Harvest Texarkana Regional Food Bank California Abbey of New Clairvaux Hope Flight Foundation All Saints Church Huckleberry Youth Programs Amador Livermore Valley Historical Society & Museum on Institute of Noetic Sciences Main Jewish Community Foundation of Los Angeles AngelCare/Americans Care & Share Jewish Family Service of Los Angeles Bowers Museum Julian Pathways California Association of Food Banks Learning Equipment Supply Service California Association of Museums Lester Consulting Group, Inc. California Museum of Ancient Art LJC Mercy Ministries California Science Center Foundation Los Angeles Regional Food Bank California State Parks Malashock Dance CAMEO Marin Agricultural Land Trust Crocker Art Museum May and Stanley Smith Charitable Trust Eagle Research Associates, Inc. The Milligan Foundation Eastern Sierra Land Trust Mojave Desert Land Trust Feeding America San Diego Mt. Lassen Animal Group Gateway Science Museum Mt. Manna Gilroy Historical Society Museum of Contemporary Art San Diego Girl Scouts of San Gorgonio Museum of Latin American Art Golden Gate National Parks Conservancy New Hope Seventh Day Adventist Church Golden State Bonsai Federation and Bonsai Garden at Lake NPO Accounting Solutions Merritt Open Paths Counseling Center Good Neighbor Community Builders Pacific Battleship Center Hammer Museum Pacific Grove Museum of Natural History Heaven's Windows Palm Springs Art Museum Heritage Museum of Orange County Petersen Automotive Museum Foundation 3 Point Blue Conservation Science Second Harvest Food Bank of Santa Clara and San Mateo Project Sister Family Services Counties Ralphs Grocery Company Sequoia Riverlands Trust Redlands Community Hospital Foundation Shelter Partnership Redwood Empire Food Bank Sierra Foothill Conservancy Renaissance Entrepreneurship Center Stanley Smith Horticultural Trust Rescue Rehome Resource Stockton Symphony Association San Diego Natural History Museum Timken Museum of Art San Diego Youth Symphony and Conservatory The Trust for Public Land San Diego Zoo Global United Way of Santa Cruz County San Francisco Heritage / Haas Lilienthal House United Ways of California San Jose Museum of Art Venice Community Housing Corporation San Jose Museum of Quilts & Textiles Wildling Museum Colorado Aspen Community