Overall, 81% oppose such tax incentivization, according to new survey from Institute for Policy Studies and conducted by Ipsos. Ninety percent of conservatives oppose it; 80% of liberals do.
As excerpts of a Watergate hearing show, concerns about the political activity of tax-incentivized charity are not new—having arisen soon after the 1969 Tax Reform Act that still provides the legal structure of nonprofitdom.
Don’t miss influential author, in new book, floating idea “in order to avoid an excessive concentration of power within a small number of entities and to enable less wealthy entities to develop.”
And look at how to rebuild it.
Editor David Callahan notes that philanthropic and nonprofit trade groups might “be out of touch with their own communities.”
High trust in nonprofits and philanthropy correlates with high socioeconomic status. Democrats trust philanthropy appreciably more than the general population.
Sen. Sheldon Whitehouse’s promise that any efforts to “clean up” the politicization of nonprofits will be pursued regardless of various practical effects on those engaging in it may present an opportunity.
As tracked by Candid, of top 200 givers, 121 are left-of-center and 21 are right-of-center. All but two of top 20 are left-leaning.
Congressional interest in sector’s activities seems to be increasing.
