Article: Charities avoid federal estate tax fray; nonprofits fear loss of donations but don't want to alienate patrons by voicing opposition.(Corporate Giving)

THE DEBATE OVER CHANGING the federal estate tax has put charities in an awkward position. Leaders at many non profits are concerned that further reductions or an outright abolishment will hurt annual giving.

However, charity executives in Arkansas and across the nation are not openly opposing changes proposed on Capitol Hill. The decision to steer clear of the political fray is in deference to patrons who might favor altering the estate tax.

Jo Luck, president and CEO of Little Rock's Heifer International Inc., and others have adopted a cautious "no comment" stance.

Although the estate tax only hits the richest of the rich, charity executives ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!