Advice and help with building history capacity.
The Minnesota Historical Society’s Local History Services helps Minnesotans preserve and share their history. This blog is a resource of best practices on the wide variety of museum, preservation, conservation, funding, and non-profit management topics. We’re here to help.
Threat to Tax Deductions
By: admin | January 10, 2008
Back in December the Christian Science Monitor ran "Retink Tax Breaks for Charitable Giving" by Daniel Grant. In his opinion charitabe giving should be restricted to helping the poor. He points to a Clinton-era proposal to allow full deduction for gifts to help the poor, and partial deduction for gifts to any other public good, such as our historical organizations. Grant notes that current tax code will not likely change soon. As 501(c)(3) tax deductible organizations, how might we join this discussion? Is there any reason to be concerned about opinions like Mr. Grant's?