Iowans who raise money for nonprofits and foundations are facing new challenges in the new year as a new federal tax law is raising concerns. Stacy Palmer, editor of the Chronicle of Philanthropy, says overall charitable contributions have been rising from low-income earners and those on the high end.
That fall in donations from middle income earners is a problem, she says, because nonprofits need a broad base of support for stability and growth. Also, Palmer says charities are worried donations will decrease by millions of dollars because of the new tax law.
Other challenges nonprofits face include adapting to new technology, such as how to protect donor information from cyber-attacks.