•     "America’s philanthropic sector is an unquestioned force for good across the globe, investing critically-needed resources in charities working to improve life for those in need….These benefits are why the federal government offers tax incentives to Americans who give back -- but in order to ensure that these funds are doing the most possible good, we must reform the rules that govern some charitable donations. Under current rules, donor-advised funds and private foundations allow some to receive tax breaks for donations that never actually reach working charities." Source: Sen. Angus King Jr. (Independent, Maine) 

•     "Working charities do so much good in our country and abroad, and they operate on the good will and donations of those who can give….But charitable dollars ought to be doing the good they were intended for, not sitting stagnant to provide tax advantages for some and management fees for others. The reform measures we are putting forward will ensure that the incentives for charitable giving actually result in money going to charities. I appreciate Senator King’s leadership in this effort and hope more of our colleagues, from both sides of the aisle, will join us." Source: Sen. Chuck Grassley (Republican, Iowa) 

•     "The critical role that charities play in Maine and communities across the country has never been more evident than in the past year….Now more than ever, Congress must restore the connection between charitable tax benefits and benefits to charities. Getting more money to our nation’s charities faster means more resources and help for Mainers and Americans in need. We are grateful to Senator Angus King and Senator Chuck Grassley for their leadership in introducing legislation that strengthens and invests in America’s charitable organizations. I urge Congress to swiftly pass the Accelerating Charitable Efforts (ACE) Act" Source: Mark Swann (Executive Director, Preble Street)