Enlisting Charities to Bolster the Economy

by Brendon Shelton on January 19, 2009

Barack Concert
Image by timkelley via Flickr

I came across a good read in the Chronicle of Philanthropy entitled “Opinion: Three Ideas for Enlisting Charities to Bolster the Economy” written by Don Kramer and David Ross.  Given that charities represent a significant part of the economy, I think Dan and David have merit here.   

Here are their three ideas:

  1. Allow people to claim a double deduction for any increase in the amount they give to charity this year and next.
  2. Expand the number of people eligible to give charities money from their individual retirement accounts without paying penalty taxes.
  3. Make grants of $3,000 to charities for each new job they create

Read the entire article here.

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