Bernie And Sid

Stuart Sullivan, Chief Philanthropy Officer for Shriners Children's, calls into the show to talk about the history of charitable deductions, noting that it originated with the War Revenue Act of 1917, before he discusses changes in tax laws, particularly focusing on the new standard deduction rates and the impact on charitable giving. Sullivan also addresses the decline in religious charitable giving from 62% in 1984 to 23% in 2024, attributing it to modern societal changes, concluding by highlighting the Shriners work in various countries helping children and the importance of better communication by charities regarding their societal contributions. Learn more about your ad choices. Visit megaphone.fm/adchoices