February 12, 1998
Charities Ask Congress to Pass Incentives for Giving
As the 1998 Congressional season begins in earnest, non-profit officials are pressing lawmakers to pass several proposals to increase charitable giving. Here's a look at the key items on the agenda:
Gifts to foundations. A tax break that encourages people to make gifts of appreciated stock to private foundationswill expire on June 30. The provision allows people to claim a deduction on their income taxes for the full market value of gifts of
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