March 09,2001

Grassley Announces Hearing on Charitable Giving

Hearing: “Encouraging Charitable Giving”
Date/time: Wednesday, March 14, 2001, at 10 a.m.
Location: 215 Dirksen Senate Office Building
Description: Sen. Chuck Grassley, chairman of the Committee on Finance, is holding a series ofhearings on key aspects of President Bush’s tax package. The President proposes anumber of incentives to enhance charitable giving, such as making it possible forthose who don’t itemize to give to charity and receive a charitable deduction;allowing the rollover of IRAs to charity; and increasing the amount that corporationscan donate to charity tax-free. The committee will hear from those who are on thefront lines, helping the poorest Americans. These individuals will discuss their workas well as how the President’s initiatives and other proposals will assist their efforts.In addition, the hearing will benefit from the views of policy experts on thePresident’s proposals, address possible concerns about the administration’s initiativesand explore other ways to encourage charitable giving.

Witness List

A Panel Consisting of:

The Honorable Richard G. Lugar, United States Senator from Indiana

A Panel Consisting of:

The Reverend Floyd Flake, Minister and Former Congressman, Allen Episcopal Methodist Church,Jamaica, N.Y.

Douglas O’Brien, Director of Public Policy & Research, America’s Second Harvest, Chicago, Ill.

Mary Sue Coleman, President, The University of Iowa, Iowa City, Iowa

C. Eugene Steuerle, Senior Fellow, The Urban Institute, Washington, D.C.

John P. Walters, President, The Philanthropy Roundtable, Washington, D.C.

Donald C. Alexander, Former IRS Commissioner, Washington, D.C.