White House budget could stifle charitable donations to hospitals, group says | Healthcare Finance News: "WASHINGTON – President Barack Obama's proposed budget will harm fundraising for nonprofit hospitals by thwarting wealthy donors, according to the Association for Healthcare Philanthropy.
The AHP is particularly concerned about Obama's proposals to reduce tax deductions for charitable donations and freeze discretionary spending.
'Nonprofit hospitals are struggling to keep up with the burgeoning numbers of under- and uninsured Americans that are seeking medical care in their local community emergency rooms,' said William C. McGinly, president and CEO of the AHP. 'A limit on charitable deductions aimed at those who are in a financial position to make the most significant contributions sends the wrong message at the wrong time.'
McGinly said hospitals have cut back on spending, mainly at the expense of necessary capital improvements. He suggested that a three-year discretionary spending freeze would reduce the ability of state and local governments to provide health-related grants and Medicaid funding, making it imperative for individuals, businesses and foundations to step up their philanthropic support."
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