Here’s the story, friends: Givers in the middle range don’t give for the deduction. I see the reports that the new tax code could cost philanthropies billions of dollars in lost gifts and donations. I don’t believe it.
I do believe that worries about lean years ahead could prompt further internal streamlining for some non-profits, and some new partnerships that might combine organizations in a crowded niche. So here’s my prediction on the bottom line: Big gifts – growing. Mid-range gifts – steady.