The new president and CEO of Philanthropy Roundtable says she plans to fight for the principles the advocacy organization has always prized
NEW YORK — Christie Herrera says, as the new president and CEO of Philanthropy Roundtable, she plans to fight for the principles the advocacy organization has always prized. But Herrera, who was officially promoted in mid-October, recognizes that battle is getting tougher and more complicated than ever.
“The Roundtable is going to be who we’ve always been — and that’s a home for donors who share our values,” she said. “We will continue to be passionate about philanthropy, about values-based giving, about philanthropic freedom, and about philanthropic excellence – the nuts and bolts of giving that I feel the philanthropic sector has gotten away with some of the social issues they’re taking up.”
Challenges to the Roundtable’s values abound, however – even from fellow conservatives. The House Ways and Means Committee, led by Republican Rep. Jason Smith of Missouri, is looking into the political activities of tax-exempt organizations and wrote that “Congress may need to consider closing growing loopholes that allow the use of tax-exempt status to influence American elections.” Legislation in the Senate, co-sponsored by Republican Sen. Chuck Grassley of Iowa and independent Sen. Angus King of Maine, looks to require donor-advised fund account holders to complete donations within 15 years in order to maintain their income tax deductions. Currently, there is no time limit for donor-advised fund account holders to complete their donations.
And some experts, including Chuck Collins, director of the Program on Inequality and the Common Good at the Institute for Policy Studies, say Americans
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