AHP: Budget Proposals Will Thwart Charitable Giving, Endanger Hospitals

Feb. 4, 2010, Washington, D.C. — President Obama’s budget proposals to reduce tax deductions for charitable donations and freeze discretionary spending will harm fundraising for nonprofit hospitals by thwarting giving by wealthy donors and drying up funds meant to help the poor and underinsured, according to the Association for Healthcare Philanthropy whose members direct fundraising for some 2,200 hospitals and health care systems across the U.S. and Canada.