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Charitable-Deduction Limit Would Hurt Poor, Say Nonprofit Leaders

November 13, 2012
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Nonprofits need to alter their approach to protecting the charitable deduction, said nonprofit leaders from across the country gathered in San Francisco over the holiday weekend. Instead of talking about the effects on wealthy donors, they said they must demonstrate they are seeking to protect their services to the poor.

Charity and foundation officials at Independent Sector’s annual meeting discussed the charitable deduction as well as the impact of federal spending cuts that Congress could approve to avert falling off the so-called fiscal cliff.

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