Tell Congress: Tax-Deductible Gifts Must Go to Charities

Billionaires are increasingly abusing loopholes in the tax code to warehouse their fortunes and avoid paying taxes — all the while distributing less to charitable causes.

Wealthy donors often “donate” to an intermediary, like a private foundation or donor-advised fund, where the money can sit for decades before actually being paid out. They cash in on the tax deduction right away, but their money might never reach a working charity.

This system is broken. It stifles the flow of funds to qualified charities on the ground, while the rich cash in on a tax deduction subsidized by the rest of us.

We urgently need common-sense reform. We're rallying supporters like you to demand changes like:

-Making tax deductions should be available to all, not just the rich.
-Demanding private foundations pay out more of the money they hold, and barring them from counting compensation to family members or transfers to other intermediary funds in their payout.
-Making it mandatory for donor-advised funds to pay out their money within five years of receipt.

Now’s the time to speak out. Please, make your voice heard today.