Sign A Letter Supporting Charitable Giving Increases Today
On March 9, a bipartisan and bicameral group of lawmakers including UT's Sen. Lee introduced the Universal Giving Pandemic Response and Recovery Act (S. 618, H.R. 1704) that would raise the $300/$600 cap on the universal charitable deduction in the year-end COVID-19 relief bill to roughly $4,000 for individuals/$8,000 for couples, extend the availability of the deduction to the 2022 tax year, and eliminate the current exclusion of gifts to donor-advised funds. The Charitable Giving Coalition is working to build support for the legislation.
We encourage you to add your organization to the Universal Giving Pandemic Response and Recovery Act endorsement list and share with your networks using the link below:
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