New tax law could affect charities, locals aren't convinced

MONROE, La. (KNOE) - The Desiard Street shelter in Monroe opens its doors to help anyone in need.

It's only possible with the public's generous donations, which is why Dan Nash says the shelter isn't worried about changes in the new tax law.

"I'm convinced that people give to the causes and charities they believe in," Nash said.

But, national organizations like United Way don't share the same confidence.

That's because the law increases the standard deduction to $12,000 for single filers and $24,000 for married joint filers. Plus, it does away with a deduction for making charitable donations.

Back at home, the Northeast Louisiana chapter believes folks around here give because they want to and not just because they can.

"Typically the average gift, for our givers is typically 200 to 300 dollars for an individual. That's small enough to where I'm not personally convinced that it's just about the deductables," Charles Jackson, chief financial officer for United Way NELA, said.

Experts believe there will be a drastic drop in charitable donations of nearly $14 billion next year. A drop locals say won't touch home.

"We're trusting the lord to provide for us through his people and it's not because of how the tax code is or isn't written," Nash said.

The last day to donate for a tax deduction is Dec. 31st.