Published on April 8, 2021 by Morgan Black  
McCarty Sara 2020

The Council of Christian Colleges & Universities (CCCU) has published a new article by Samford University professor of economics Sara Helms McCarty. Her article, “Why the Charitable Deduction Matters,” is now available to view in the CCCU’s online magazine Advance.

In the article, McCarty states that the U.S. is “unusually charitable for a wealthy country,” noting that its citizens “regularly contribute 2% of its GDP.”

She goes on to state that "reducing the tax deductibility of smaller gifts has a negative impact on any organizations that rely on donors who give these intermediate-sized gifts [$50-500] – such as younger donors to a university.”

McCarty breaks down the concepts of charitable giving into four sections including the economic benefits of giving, examining religiosity in giving, giving and Christian higher education, and recent changes to giving tax incentives.

Read the full article.

Samford is a leading Christian university offering undergraduate programs grounded in the liberal arts with an array of nationally recognized graduate and professional schools. Founded in 1841, Samford is the 87th-oldest institution of higher learning in the United States. Samford enrolls 5,791 students from 49 states, Puerto Rico and 16 countries in its 10 academic schools: arts, arts and sciences, business, divinity, education, health professions, law, nursing, pharmacy and public health. Samford fields 17 athletic teams that compete in the tradition-rich Southern Conference and ranks 6th nationally for its Graduation Success Rate among all NCAA Division I schools.