4 ideas to counter shrinking donations under the new tax law

Description

Abstract: With several provisions in 2017’s TCJA expected to depress charitable giving, nonprofits should mobilize to minimize the negative impact on their bottom lines. This article explains the new disincentives for giving. And it offers four ideas for combating them, including having donors bunch donations and setting up donor-advised funds. A sidebar briefly discusses a giving alternative for donors over age 70½ — charitable IRA rollovers.