The American Guild of Musical Artists has the good fortune to share the same acronym, AGMA with the America Gives More Act. We have always been a philanthropic organization and anytime we are associated with other movements or organizations that promote giving, we are proud of the connection. The America Gives More Act boost the cause of philanthropic giving into a new light.
The America Gives More Act gives tax breaks to large donors. This is a simplistic explanation of a more complex structure, but that is a bottom line. From the mere standpoint of good business logic, it protects a company from paying higher taxes while it supports charitable giving. It’s an all around win/win situation. Corporations that need to please shareholders, can offer a vast catering menu of profits, that will satisfy everyone’s appetite in the deal.