By reducing taxpayers' taxable income, the charitable deduction shifts part of the cost of private charitable giving onto the rest of society, encouraging charitable gifts. While the charitable deduction clearly benefits charities, it also shrinks the federal tax base. This is the basic justification for a tax subsidy to charities: if charities produce public goods, they will be subject to market failure and will not be supplied, justifying a government subsidy for them. The vast majority of charities do not produce exclusively public goods. As a result, the scope of the current charitable deduction is far broader than can be justified by any appeal to the theory of market failure. From the perspective of economic efficiency, it is hard to justify the current size and scope of the feder...
By Kristin Davis | The Virginian-Pilot Professional fundraising companies count police charities among their most enthusiastic and faithful clients.
On behalf of everyone helped by donations to this year's Gazette Charities Christmas Fund - thank you! More than $8,600 in donations received this week put the fund very close to its goal of about $80,000. And last-minute donations are always welcome.
ASPCA manages forensic evidence collection & removal of animals to support Garland County Sheriff's Office animal cruelty investigation in Hot Springs, Ark. NEW YORK, Nov. 7, 2011 /PRNewswire-USNewswire/ -- The ASPCA(R) (The American Society for the Prevention of Cruelty to Animals(R)), at the request of the Garland County Sheriff's Office, is managing the evidence collection and sheltering of more than 100 dogs living in a substandard commercial breeding facility--commonly known as a puppy mill--in Hot Springs, Ark., approximately 55 miles southwest of Little Rock. The operation is being supported by responders from the International Fund for Animal Welfare (IFAW), PetSmart Charities, Inc. and Garland County Humane Society.
Those of you who support Wheelchair Charities know full well the story of [Hank Carter] and the residents sitting around the room. Many of you have read on these pages of the. work Carter has done since 1972 at the then Goldwater Memorial Hospital, and now the Coler-Goldwater Specialty Hospital and Nursing Facility on Roosevelt Island. You know that Carter has been in the forefront of the fund-raising effort that has donated over $1.2 million to the facility. You know that his friend Tjader took a misguided bullet that found its way to his spine, leaving him in a state of life-long paralysis. Most of you know that Carter, after seeing the lack of anything for the residents at Goldwater, began a life-long journey and mission to make the facility one of the best of its kind in the world. ...
The state's new top charities regulator promises his agency will be more aggressive about investigating fraud and protecting donors. Misrepresenting yourself as a charity, especially in this economy, that in my mind is appalling behavior," said Thomas Calcagni, who was confirmed by the state Senate on June 29 as director of the Division of Consumer Affairs.
NEW YORK - Americans eager to give after the 9/11 terrorist attacks poured $1.5 billion into hundreds of charities established to serve the victims, their families and their memories. But a decade later, an Associated Press investigation shows that many of those nonprofits have failed miserably.
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