Mr. Kateman goes to Washington.
Mike Kateman, Columbia College’s Executive Director of Development, Alumni and PR, was in Washington, D.C., Dec. 5 to lobby Congress. Kateman, also the Chair of the Partnership for Philanthropic Planning, hoped to ensure any federal budget deal with the “fiscal cliff” does not eliminate or change the tax deduction for charities.
Kateman met with Senator Roy Blunt (R-Mo.), Congressman Blaine Luetkemeyer (R-Mo.), who said they do not want to touch the tax deductions. Senator Claire McCaskill (D.-Mo.) told Kateman she supports raising the top two tax rates (rather than caps on deductions).
“Without the deduction, annual giving could drop by 36 percent,” Kateman told KOMU. “The Charitable Giving Coalition estimates a cap on deduction could cost charities as much as $7 billion.” For more information, read the rest of the article here.