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Sunday, 23 December 2012 23:30

Diana Sieger, President, Grand Rapids Community Foundation

Written by  MiBiz Staff
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Diana Sieger, President, Grand Rapids Community Foundation PHOTO: Adam Bird

A 34-year veteran of the nonprofit sector, Sieger leads the Grand Rapids Community Foundation, which in its 2012 fiscal year granted more than $11 million, including $844,000 in scholarships.

“The social sector ... is particularly vulnerable at this time due to the many proposals relating to the charitable tax deduction at the federal level as the President and Congress address the fiscal cliff. I realize that there is a serious deficit problem at both the state and federal levels, but I am concerned that there will be negative consequences if the charitable deduction is adjusted or even eliminated. ... A National Economic Council recent study showed that the most prominent dollar cap proposals would effectively eliminate the charitable deduction for up to 13 million households nationwide and for as much as 60 percent of current charitable giving.

"The foundation community cannot make up the difference between government cutbacks and the reduction of charitable giving. Area nonprofits from health and human services, arts and culture to community and economic development will be affected. I will continue to work with our community and state leaders to resolve any fiscal downfall and while it seems dismal at this moment, I am optimistic that we will persevere and our community will continue to be strong as it relates to philanthropy.”

Read 2456 times Last modified on Thursday, 20 December 2012 20:26

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