article thumbnail

Universal Charitable Deduction Bill, Known as ‘Charitable Act,’ Introduced in the House

NonProfit PRO

The Charitable Act, if passed, would reinstitute the universal charitable deduction that was available to taxpayers who opted for the standard deduction during the pandemic in tax years 2020 and 2021.

article thumbnail

Senators Push to Restore the Universal Charitable Deduction: 3 Things You Need to Know

NonProfit PRO

Last week, senators introduced legislation to make the universal charitable deduction effective for tax years 2023 and 2024. Now dubbed “Charitable Act,” the legislation, if passed, would give more Americans the ability to claim tax deductions for charitable contributions. Here are three things you should know about it.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Donors Choose Anonymity with Record $550M Public University Gift

NonProfit PRO

Western Michigan University in Kalamazoo, Michigan, inspired the largest gift ever made to public higher education: $550 million. It’s a gift with very few restrictions, made outright over the span of 10 years to the university, its medical school and athletics.

Gift 279
article thumbnail

SmartSimple Adopts Universal Nonprofit Impact Registry

NonProfit PRO

The Impact Genome Project and SmartSimple announced that SmartSimple will be the first cloud software platform to integrate the Impact Genome, a universal nonprofit impact registry.

Nonprofit 189
article thumbnail

Fluxx Adopts the Impact Genome Project’s Universal Impact Registry

NonProfit PRO

The Impact Genome Project announced Fluxx will integrate with the Impact Genome's universal nonprofit impact registry. Fluxx joins SmartSimple in uniting philanthropy technology leaders in standardizing and quantifying social outcomes.

Impact 169
article thumbnail

Call for community partners: Catamount Fellowship at Mount Royal University

Charity Village

The program bridges research, theory, and social innovation frameworks with practical experience and insights from […] The post Call for community partners: Catamount Fellowship at Mount Royal University appeared first on CharityVillage.

article thumbnail

Women’s Gymnastics Team at Michigan State University Receive NIL Contracts With Emphasis on Charitable Giving

NonProfit PRO

In a historic move, all 19 members of the 2022-2023 women’s gymnastics team at Michigan State University have received name, image and likeness (NIL) contracts with an emphasis on charitable giving—an agreement that will strengthen Spartan athletics while empowering student-athletes to change the world.

Michigan 170