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The Impact of New Tax Laws on the Local Nonprofit Sector

There’s no question that the 2018 tax reform has been a hot topic of conversation, and often, a source of concern for the nonprofit sector.  Organizations have been asking: how can we prepare, what can we anticipate, and how should we adjust our fundraising plan? Over the last several months in Greater Richmond, nonprofits have gathered for workshops, community conversations and discussions to learn from experts and one another about how they can strategically navigate these changes, while continuing their mission-driven work. This July, the Community Foundation surveyed nonprofit leaders to better understand the implications of the new tax laws on the local sector to monitor trends and offer insight.

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