Tax day is coming: Strategies for maximizing your charitable donations

Friday April 12, 2019 by Carolyn

If you are like me, I am trying to figure out how best to support charitable causes important to me while taking advantage of the relevant tax deductions.

The 2017 Tax Cuts and Jobs Act makes that difficult. The legislation nearly doubled the itemized deduction threshold for taxpayers, which means that for many, taking deductions for gifts to nonprofit organizations is no longer possible. 

Of course, administrators of nonprofits worry that the new higher thresholds for taking deductions will discourage philanthropy.

TOMS Campaign to End Gun Violence

Saturday February 23, 2019 by EmilyRose

Three months ago, my team at TOMS embarked on a journey to help reduce gun violence. We’ve committed $5 million dollars to organizations that support the communities affected by gun violence, and used our website as a tool for the public to urge their Representatives to pass universal background checks, something 90% of Americans agree on.