Apr 20, 2013
No one goes into a nonprofit with anything but the best of motives: the expectation of a lot of work and little or no financial reward. Imagine all that thinking and experience that you get for free. The United States’ strength is that we are problem solvers, and we find a way to do things better, and nonprofits are the best way to take advantage of that and encourage new approaches when financial reward is not the main incentive. It seems to me that we’re getting a lot of bang for our buck from charitable contributions.
-Philanthropist Earle Mack speaking about the negative effect that a cap on charitable deductions could have.