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Flexible Giving Account

Everyday Philanthropist Act

Our current tax code discourages individuals at a certain income level from giving back. Congress has introduced a bill that would enable everyday, working Americans to give to the communities they care about. The Everyday Philanthropist Act (H.R. 4002) was introduced by U.S. Representatives Vern Buchanan (R-FL) and Tom Suozzi (D-NY).The legislation seeks to empower the Everyday Philanthropist® to give back by implementing a Flexible Giving Account (FGA). An FGA is a pre-tax payroll deduction for employee giving that would allow:

  • Millions of Americans to receive immediate tax benefits for their charitable donations.
  • Employers to empower their employees to give back while lowering payroll taxes.
  • Charities to increase their donations, so they can more effectively help those in need.