Rockford non-profits face challenges from fiscal cliff - – Rockford’s News Leader

Rockford non-profits face challenges from fiscal cliff


The fiscal cliff could have huge effects on non-profits around the country, including in the Rockford area.

While lawmakers are discussing ways to avert the cliff, one option being tossed around is reducing tax-deductions given to high-income philanthropists, which could discourage those individuals from donating to non-profits.

John Mecklenburg, CEO of the SwedishAmerican Foundation, is worried that will have a negative effect on not only non-profits, but the city itself. "Anything that lowers their ability to deal with that is not going to be good for a town like Rockford," he says. "So to say we want to reduce these things, I see that as not being able to help this town at all."


Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WREX. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Trista Truesdale at (815) 335-7856. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at