Government & Regulation

Opinion: Nothing Has Yet Gone To Charity
September 21, 2017 at 12:14 pm

President Donald J. Trump’s inaugural committee raised an unprecedented $107 million, and the committee pledged to give leftover funds to charity. That amount doubled former President Barack Obama's then-record inauguration donations in 2009, which totaled around $53 million...

White House Lists 12 Recipients of Trump's $1M Harvey Donation
September 8, 2017 at 9:33 am

The White House on Wednesday listed 12 charities that will receive personal donations from President Donald Trump and his wife, Melania, who pledged last week to donate $1 million for Hurricane Harvey relief efforts. The largest contributions will go to the Red Cross and the Salvation Army, which are each set to receive $300,000 according…

Tesco Criticized for Deducting £3.4M From Plastic Bag Tax Charity Donations
September 7, 2017 at 1:18 pm

Millions of pounds in administration costs were deducted from the charitable donations made by Tesco using funds generated from the plastic bag tax, government data has revealed. No other major supermarket made any such deductions, leading senior MPs to urge Tesco to follow their lead. The 5p charge for plastic bags was introduced in England…

Trump Cancels Fall Fundraising in Texas After Harvey
September 6, 2017 at 1:08 pm

President Trump and his re-election campaign have decided to cancel fundraisers scheduled this fall in Texas as the state recovers from Hurricane Harvey. Trump was originally scheduled to hold a fundraising event in Dallas the end of September, while Vice President Mike Pence was slotted to attend fundraisers in San Antonio and Houston the beginning…

GOP Plan to Kill Estate Tax Sets Up Charitable Giving Conflict
August 30, 2017 at 12:47 pm

Most Republicans support killing the estate tax as part of a tax overhaul, but doing so could have dire consequences for something else conservatives cherish—charitable giving. President Donald Trump along with top GOP lawmakers have proposed ending what they call the death tax—a 40 percent levy that’s applied to estates worth more than $5.49 million…

Cambodia Orders Expulsion of Foreign Staff Members With American Nonprofit
August 23, 2017 at 11:34 am

Cambodia’s Ministry of Foreign Affairs ordered foreign staff members of an American nonprofit that receives support from the U.S. government to leave the country within a week, part of an apparent attempt to silence opposition voices in the lead-up to national elections next year. Cambodia is ruled by one of the world’s longest-serving leaders, Prime…

Cleveland Clinic, American Cancer Society Pull Fundraisers From Mar-a-Lago
August 18, 2017 at 11:05 am

The Cleveland Clinic and the American Cancer Society separately announced Thursday that they would not hold previously planned fundraising galas at President Donald Trump's Mar-a-Lago resort. "After careful consideration, Cleveland Clinic has decided that it will not hold a Florida fundraiser at Mar-a-Lago in 2018," the Cleveland Clinic said in a statement on Thursday. "We…

Bloomberg Charity to Fund Center Assisting State Attorneys General Targeting Environmental Regulatory Rollback
August 17, 2017 at 10:16 am

The NYU School of Law plans to launch a new center funded by Michael Bloomberg's charitable organization to assist state attorneys general that oppose moves by the Trump administration to eliminate and scale back environmental and energy regulations. The charity, Bloomberg Philanthropies, which was founded by the former mayor of New York City, will donate…

How Tax Reform Could Hit Charitable Giving
August 7, 2017 at 10:34 am

But another factor—the tax benefits for giving—could soon change if lawmakers push through tax reform. Few people donate simply because of the tax breaks and are unlikely to stop giving altogether if they don't get any. But analyses from the Congressional Budget Office and others have found that tax incentives typically increase how much you…