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A Tax Credit for Volunteerism

RichardMasoner

A Tax Credit for Volunteerism

Magazine or Newspaper Article, The Louisiana Weekly

July 14, 2008

Author: LaToya Cantrell

Belfer Center Programs or Projects: Broadmoor Project: New Orleans

 

Hurricane Katrina devastated our region in 2005. With the help of volunteers, we have been rebuilding. If oil prices rise high enough to make travel unaffordable for volunteers, our resurrection will falter. Fortunately, the US Congress has the capacity to help us by implementing a tax credit for volunteerism.

This problem is real - many organizations have already been wounded. Last week, the Meals-on-Wheels Association of America announced a 58% decrease in volunteerism due to rising gas prices. The Red Cross reports tightening budgets nationwide and many Salvation Army volunteers can no longer afford to drive to the offices.

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For more information about this publication please contact the Belfer Center Communications Office at 617-495-9858.

For Academic Citation:

Cantrell, LaToya. "A Tax Credit for Volunteerism." The Louisiana Weekly, July 14, 2008.

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