April 17, 2008
Estate-Tax Repeal Could Hurt Charity Fund Raising
If Congress permanently repeals the estate tax, many charities and foundations worry that they will see a significant, long-term decline in large gifts from wealthy donors.
Diana Aviv, president of Independent Sector, in Washington, told the Senate's Committee on Finance at a hearing on the topic that the tax is vital in encouraging the nation's rich to give money to charity.
But her organization, which represents about 600 large charities and foundations, is also recommending
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