Philanthropy Ohio Supports HB 408
Our work to create a tax credit to encourage gifts to community foundations took a big step forward when we recently gave proponent testimony supporting House Bill 408. Our initiative – Endow Ohio. For Good. For Ever. – began during last year’s budget hearings and continued as a stand-alone bill in the Senate, where it had three hearings late last year.
Now, we have moved on to the House, where Representatives Sears and Amstutz are joint sponsors of the bill. We are excited by the reception we received during Tuesday’s hearing: committee members made many comments about the good work being done by community foundations around the state and asked lots of questions about the purpose and structure of the bill.
Since Chair Amstutz videotapes his committee meetings, you can watch a replay of the Feb. 18 hearing, including the questions and answer period that went on for over an hour. You can also read the testimony given by all five of us supporting the bill: in addition to me, Cara Dingus Brook (Foundation for Appalachian Ohio), Tom Johnson (Community Foundation for Perry County), Jan Ruma (Hospital Council of NW Ohio) and Keith Burwell (Toledo Community Foundation) explained the bill and spoke about the potential impact it would have.
A number of other foundation leaders also attended the hearing to show support: Ted Vander Roest (The Springfield Foundation), Brad Britton (The Columbus Foundation), Shiloh Turner (Greater Cincinnati Foundation), Brian Frederick (Community Foundation of Lorain County) and Bill Lane (Delaware County Foundation).
Help us make Endow Ohio a reality: contact your Ohio legislators and ask them to support SB 211/HB 408.
Claudia Y. W. Herrold