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Since 1917, tax filers in the United States who itemize tax deductions have been able to subtract gifts to eligible charities from their taxable income.
17 Quoted in Revenue Code of 1954: Hearings before the Committee on Ways and Means, House of Representatives, 83rd Cong.
38 Baum, Daniel Jay and Stiles, Ned B., “Power Pools: Private Foundations and Public Corporations,” UCLA Law Review 13 (May 1966): 938–64Google Scholar.
12 Witte, John F., The Politics and Development of the Federal Income Tax (Madison, WI, 1985)Google Scholar.
Odendahl, Teresa (New York, 1987), tables 4-6 and 4-12Google Scholar.
37 Odendahl, Teresa, Charity Begins at Home: Generosity and Self-Interest among the Philanthropic Elite (New York, 1990), 63Google Scholar.
52 Brilliant, 45–46, 127–36; Hall, Peter Dobkin, Inventing the Nonprofit Sector and Other Essays on Philanthropy, Voluntarism, and Nonprofit Organizations (Baltimore, 1992), 76–78Google Scholar.
In 1994, Bill and Melinda Gates established the William H. Gates Foundation, which focused its charitable giving on advancing global health and the community of the Pacific Northwest.
63 Poppendieck, Janet, Sweet Charity? Emergency Food and the End of Entitlement (New York, 1998), 92Google Scholar.
The Bill & Melinda Gates Foundation was established in 2000 through the merger of the two Gates foundations.
6 Hall, Peter Dobkin, “A Historical Overview of Philanthropy, Voluntary Associations, and Nonprofit Organizations in the United States, 1600–2000,” in The Nonprofit Sector: A Research Handbook, ed.
The program also oversaw the public libraries initiative, which provided access to computers and the Internet at some 99 percent of United States public libraries; the Gates Foundation invested $240 million in the initiative, which completed its goals in 2003.
In July 2008, Bill Gates stepped down from his position at Microsoft to devote his efforts full-time to the Bill & Melinda Gates Foundation.
2009; Alex Daniels, “Obama Budget Again Calls for Limit to Charitable Deduction,” Chronicle of Philanthropy, Feb.
Among the most important recent innovations is The Giving Pledge, which arose in 2010 out of conversations that Bill and Melinda Gates had with Warren Buffett and other wealthy individuals.
57 See the discussion in Bakija, Jon and Heim, Bradley, “How Does Charitable Giving Respond to Incentives and Income? New Estimates from Panel Data,” National Tax Journal 64 (June 2011): 615–50CrossRefGoogle Scholar.
7 Lindert, Peter H. and Williamson, Jeffrey G., Unequal Gains: American Growth and Inequality since 1774 (Princeton, NJ, 2016), 120, fig.
Mandler, Peter and Cesarani, David (London, 2017), chap.
20 The standard deduction is an amount independent of the filer's itemized contribution items; for example, in tax year 2017 married couples filing jointly had a standard deduction of $12,700.
70 Duquette, “Do Share-of-Income Limits on Tax-Deductibility of Charitable Contributions Matter for Charitable Giving?”; Tax Cuts and Jobs Act of 2017, Pub.
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