2017 Tax Bill Impact on Charitable Giving

Independent Sector is currently working with the Tax Policy Center and Indiana University to obtain updated estimates and real-time data that reflect the impact of the final Tax Cuts and Jobs Act.  

The Tax Policy and Charitable Giving research study done last year by Indiana University Lilly School of Philanthropy found that a key proposal in the tax bill, increasing the standard deduction, could decrease charitable giving by $11 billion. Though researchers based their findings on an earlier draft of the tax bill, it remains a viable estimate of the potential impact of the Tax Cuts and Jobs Act.

Here are additional resources on the impacts of the Tax Cuts and Jobs Act bill:

What We Know about 2018 so far:

 

Global Topics: Administration, Congress, Data, Public Policy
Policy Issues: Charitable Deduction, Charitable Giving, Tax & Fiscal Policy, Tax Reform
Resource Types: Policy Brief