The new Consolidated Appropriations Act of 2021 (CAA), extends and expands the benefits offered in the CARES Act. Among the new benefits, the CAA allows for a charitable deduction of up to $600 for couples filing jointly on their 2021 federal income tax return and extends the temporary enhanced deduction limits for itemizing individuals and corporations on their qualified charitable contributions through 2021.
Ted Hart, President and CEO, and Jessie Krafft, Senior Vice President of External Affairs discuss the impact this may have on donors and nonprofits alike in 2021.
Ted Hart, ACFRE, CAP®, serves as President and CEO of CAF America and President of CAF Canada. An internationally recognized speaker, Ted has over 30 years of experience in advising global philanthropy and is an expert in regulatory frameworks governing both domestic and global philanthropy and risk management. In addition to his Master in Public Administration (MPA) degree, he is a Chartered Advisor in Philanthropy (CAP®), an Advanced Certified Fundraising Executive (ACFRE), is certified in Anti-Money Laundering (AML/CFT) and holds the information security management certification ISO 27001. During his tenure as President and CEO, CAF America has witnessed exponential growth helping clients contribute over $1 billion in the United States and in 110 countries around the world.
He is co-editor of the new book Cross-Border Giving: A Legal and Practical Guide published by CharityChannel Press. He has authored People to People Fundraising, Internet Management for Nonprofits and Fundraising on the Internet and co-authored five other published books on philanthropy. Ted played a critical role in the creation of the green nonprofits movement and was the founder of the International ePhilanthropy Foundation. He is a member of the Association of Fundraising Professionals (AFP), the Advisors in Philanthropy Foundation, and The Philanthropy Roundtable.
Jessie Krafft began her tenure with CAF America in 2011, and currently serves as the Senior Vice President of External Affairs. In her current role, Jessie coordinates the offices of the Grants and Donor Services teams, Business Development team, and the Thought Leadership & Communications team. Jessie develops and executes services assisting donors with strategic grantmaking, philanthropy planning, and investing charitable assets. She is a leading expert in international grantmaking from the U.S. and Canada as well as in local country laws on foreign funding. She manages the grants team, overseeing fund management, charity vetting, and grant processing functions. In addition, she is managing the operations of our newest office, CAF Canada. Jessie completed her Masters in International Development program at American University in 2016, and she holds B.A. in Spanish and a B.S. in Anthropology, graduating summa cum laude from the honors college at Virginia Commonwealth University.
She also received a certificate in Nonprofit Executive Management at Georgetown University in early summer 2013. Jessie is fluent in Spanish and holds a Spanish Certificate of Translation and Interpretation from her alma mater. She is also certified in Anti-Money Laundering (AML/CFT) by the Society of Tax and Estate Professionals (STEP).
Prior to joining the CAF America staff, Jessie worked for 1.5 years as a volunteer visitor coordinator, tutor, and child caretaker at an orphanage in Tegucigalpa, Honduras. As the visitor coordinator, she successfully coordinated several orthopedic surgical brigades that serviced the home and the surrounding communities.