NONPROFITS

Cash and income tax forms.
Pictures of Money / Creative Commons / flickr.com/photos/pictures-of-money

With the new year comes a new tax code, and some nonprofits are concerned changes to the tax law could mean fewer donations in 2018.

When you file your 2018 income taxes, you might notice that the standard deduction has essentially doubled. Exemptions will likely be eliminated and in its place, you might see a larger tax credit per dependent claimed. But it also raises at least one other big question: will you give as much to charity?

Peter Gagliardi, president of Way Finders Inc.,  at the Peter Pan Bus Terminal in Springfield.
Alden Bourne / NEPR

A major landmark in Springfield, Massachusetts, the Peter Pan Bus Terminal, will become the new home of Way Finders, an affordable housing nonprofit. The bus company now operates out of Union Station.

The Berkshire Museum in Pittsfield, Mass.
Berkshire Museum / Creative Commons

The Massachusetts Cultural Council (MCC) is joining the outcry against the Berkshire Museum's decision to sell 40 works of art from its collection and is putting a hold on the institution's upcoming grant.