Thursday, December 16, 2004

Canada NewsWire Senate Banking Committee Endorses AFP's Recommendations to Increase Charitable Giving

Thanks to Tamera Mallette for forwarding this.

Canada NewsWire: "Attention National, Political And Foreign Editors:
Senate Banking Committee Endorses AFP's Recommendations to Increase Charitable Giving

OTTAWA, Dec. 15 /CNW/ -- In its interim report released today on ways to encourage charitable giving nationwide, the Senate Banking Committee endorsed several proposals recommended by the Association of Fundraising Professionals (AFP).
The report, titled The Public Good and Private Funds: The Federal Tax
Treatment of Charitable Giving by Individuals and Corporations, is part of a
comprehensive effort by the committee to better understand the charitable
sector. This interim report focused solely on tax measures affecting
charities, but the Committee plans to issue a final report covering broader
issues affecting charities on March 31, 2005.
In the report, the committee agrees with and endorses two key proposals
that AFP recommended during a hearing last month:"

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