ACR Summit for Leaders – Continental Breakfast Available Beginning at 7:30am (West End Ballroom, 2nd Floor – Washington Marriott, 1221 22nd St. NW, Washington, DC 20037)
8:00 - 9:30 a.m.
Welcome and Congressional Panel
With tax reform on the horizon, and the pressing need for deficit reduction, we expect 2013 to be a critical year for our sector. In this discussion, Congressional staff will provide an insider's look at the legislative landscape on Capitol Hill for 2013 and what issues could impact the philanthropic community.
- Miguel A. Martínez Jr., tax & benefits counsel for *Representative John Lewis (D-GA)
- Zachary Rudisill, legislative director and tax counsel for *Representative Dave Reichert (R-WA)
- Preston Rutledge, tax & benefits counsel for Senator Orrin Hatch (R-UT), Senate Finance Committee
- Tiffany Smith, tax counsel for Senator Max Baucus (D-MT), Senate Finance Committee
- Steve Taylor, senior vice president and counsel for public policy, United Way Worldwide (moderator)
*Reps. Lewis and Reichert co-chair the tax reform working group on nonprofitand charitable issues.
9:30 - 9:40 a.m.
Hot State Issues
State and local governments are under increased budget pressure exacerbated by recent, and likely further, federal spending cuts. In many cases, states are curtailing tax breaks to raise more revenue, raising tax rates and fees, and are cutting their own spending. This panel will identify some of these trends.
- Pat Read, principal, Pat Read Consulting
9:40 - 9:50 a.m.
Paradigm Shift: What is the Purpose of the Charitable Deduction?
The charitable deduction has become a top revenue target in Washington because its policy justification has been forgotten. Alex Reid, formerly of the Joint Committee on Taxation, will discuss the legal and policy underpinnings of the charitable deduction, and why it should be taken off the table as a source of government revenue.
- Alexander Reid, of counsel, Morgan Lewis (former staff member for Joint Committee on Taxation)
10:00 - 11:00 a.m.
Lessons Learned from the Fiscal Cliff
Even though Congress narrowly averted the fiscal cliff just a few months ago, the first half of this year is peppered with more federal budget deadlines. In December, we met with more than 125 lawmakers, along with other leaders of the Charitable Giving Coalition, to relay our message on the value of charitable giving incentives to policymakers. By explaining why our sector is different and the charitable deduction is unique, we kept direct cuts, caps, and limits to the charitable deduction at bay. We also utilized a successful multi-pronged media strategy to strengthen our message to lawmakers back home and in communities across the country.
For the next round, the stakes are even higher and both sides have already dug in. Tax deductions and credits are attracting more and more attention. What lessons from the fiscal cliff debate can we use going forward to protect the charitable deduction? This panel will explore all of these options.
- Steven Moore, executive director, M. J. Murdock Charitable Trust (introduction and remarks)
- Brian Flahaven, director, legislative, foundation and recognition programs, Council for Advancement and Support of Education
- Alison Hawkins, director of external affairs, The Philanthropy Roundtable
- Gloria Johnson-Cusack, executive director, Leadership 18
- Sandra Swirski, executive director, Alliance for Charitable Reform
- Sue Santa, senior vice president for public policy and legal affairs, Council on Foundations (moderator)
*additional speakers to be confirmed