IndSector
from USA
with 5,259 followers
started this.
IS is the leadership network for charities, foundations, and corporate giving programs committed to advancing the common good in America and around the world.
http://www.independentsector.org
America’s nonprofits employ more than13 million people — one of every 10 American workers. We collectively pay nearly $670 billion in wages and benefits in the U.S., and employ more people than the finance, insurance and real estate sectors combined. Each year, nonprofits spend $1.3 trillion, contributing to the economy and making important investments in communities across the country.
More than ever, families, communities and governments are turning to nonprofits for help. We can do even more if we can hire more workers.
Please tell the President to include nonprofits in his jobs proposal. Ask that any provisions that encourage job creation by for-profit companies be made available to nonprofit employers — including new hire tax credits, tax credits for hiring veterans, government-backed loans, subsidies for particular investments, or other opportunities.
And tell the President that America needs the donations that the charitable tax deduction encourages. Charitable contributions are down significantly as a result of the recession and continued sluggish economy. Our communities cannot afford the estimated $7 billion decline in contributions that would likely result from the administration’s proposed 28% cap on the charitable tax deduction.
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