INCREASED GIVING: United Way of Rhode Island President and CEO Cortney Nicolato, center, talks with Jason Boulan, project manager, digital media marketing, and Angela Bannerman Ankoma, executive vice president, director of community investment. Nicolato said the nonprofit has so far seen an increase in giving this year. / PBN PHOTO/MICHAEL SALERNO
The new federal tax law implemented this year – with a doubling of the standard deduction amount allowed for individuals and married couples – has left some nonprofits wary of fourth-quarter giving, despite some encouraging signs. The National Council of Nonprofits in January called the tax law, which removed a financial incentive for giving, “devastating…
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