Donate to Reason! Because Who the Hell Even Knows if There'll Be Tax-Deductible Giving in 2013!

The blog that you are reading is published by the Reason Foundation, a 501(c)3 nonprofit dedicated to "Free Minds and Free Markets." Like all magazines of political opinion (think National Review, The Nation, The New Republic, The Weekly Standard) Reason is unable to cover its editorial expenses through circulation and advertising alone, which essentially leaves you with two options: exist at the whim of a mercurial rich person whose enthusiasms for losing money may run hot and cold, or organize as a nonprofit with as diverse & dispersed funding base as possible.

We choose the latter, which is why our annual Webathon--which ends tomorrow!--is so important. It's not just that we could really use the money (of course we could use the money!), but we need as broad a donor base as humanly possible, so that we are not reliant on any one or even handful of sources or sectors. That's why our target here isn't a dollar figure, it's a donor figure: 800 of you we want, and we're only around halfway there. Can't afford the $100 minimum to get some swag back? No worries--give us $10, $5. Please! It's all fully tax-deductible.

SPEAKING OF WHICH. That might not be true next year. As we never tire of reminding you, Washington's budget/governing process has deteriorated so badly that whole sets of basic tax rules are subject to unpredictable, clown-bro crisis negotiations among camera-hogging, government-hearting economic illiterates. Among the rules up in the air are those concerning the tax deductibility of donations to nonprofits like Reason. Check it out:

The New Year may not hold a lot of promise for nonprofit organizations threatened by a looming fiscal cliff.

Should sequestration become reality, it would have a profound effect on all nonprofit organizations. That's not only because it would limit or eliminate deductions for charitable giving, but it is also expected to cut or eliminate federal funding for nonprofits.

Needless to say, Reason doesn't receive any government funding, and we do not grieve when governments divest from the nonprofit sector. But any new cap on tax deductions could affect us. Here's how:

Most deductible expenses that would be subject to a cap or limit are non-discretionary.  For instance, we must pay state and local taxes and many of us must continue to pay mortgage interest.  But charitable giving is entirely discretionary. Thus, a taxpayer trying to squeeze all of her deductions into a fixed dollar cap is more likely to reduce her charitable giving– though by how much is a matter of debate.

So if your donation strategy is impacted by tax law governing the deductibility of charitable giving, here's a suggestion: Give us money now, while you still can!

And know this about the way we spend and approach money: Your contributions last year made possible the terrific Reason 24/7 project, which for us involves more than just a terrific new news-aggregation site that you should totally bookmark right the hell now. It also occasioned a top-to-bottom website redesign and re-think, in which one of the primary concerns was finding ways to bring in more revenue. And you know what? It's working. Magazine revenue, particularly online, is shooting upward right now, bucking basically all industry trends.

So we don't use your money to get lazy and dependent, we use it to kickstart ambitious new projects while protecting and extending our independence. You wouldn't have it any other way.

So c'mon, people! We really need another 400 of you before the gong strikes 12 tomorrow. Do it for libertarianism, do it for media experimentation, do it for Johnny. But just do it!

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

  • ||

    I'd like to donate, but I'll have to see if I have any funds available. My paycheck has this way of vanishing within days of being deposited into my bank account.

    My question is this, though: Is the tax deduction for charitable giving and donations only effective for people who file Schedule A? I do not make enough nor have enough itemized deductions to do anything other than take the standard deduction. As far as I know, charitable contributions are an itemized deduction on Schedule A and aren't taken into account anywhere else.

  • Almanian.||

    I do not make enough nor have enough itemized deductions to do anything other than take the standard deduction.

    PWND

  • Pro Libertate||

    There's always in-kind donations. For instance, Nick seems to own only one jacket. So send him an old jacket.

  • Fist of Etiquette||

    But I'm on a fixed income! On the other hand, if you do a post about how every other commenter here is a loser, I might be persuaded to stick a crowbar in my wallet.

  • Tim||

    I'm going to donate, and then tell them just where to stick that crowbar...

  • Almanian.||

    You mean stick it in that jammed door to get it open?

    Yes, that would be helpful.

    And don't respond to Fist - it just encourages him.

  • Fist of Etiquette||

    Lack of response doesn't discourage him.

  • Almanian's Evil Twin||

    LALALALALALALALA I CAN'T HEAR YOU!!

    Besides, Tim was not unresponsive.

  • Hugh Akston||

    Bono used to look like a real ponce.

  • ||

    Wait, that's not a picture of you, Hugh?

  • Hugh Akston||

    That guy has way more hair on his head than I do. Probably way less body hair too.

  • ||

    So you're not a twink, then? That's surprising.

  • ||

    Bears can be bottoms, too. I doubt if Hugh is even a power bottom.

  • Hugh Akston||

    You are so sued!

  • Hugh Akston||

    No no, I'm more of a bear crossed with a metro. I dress well to compensate for looking like the Pillsbury Doughboy rolled on the floor of a barbershop.

  • ||

    Oh, so you're into huge moustaches, gold chains, and banana hammocks?

  • Hugh Akston||

    I'm wearing all three of those, right now.

  • ||

    Email me.

  • Hugh Akston||

    I dunno. Every time I email Warty I end up getting raped. By Warty.

    I may have to stop doing it one of these days.

  • ||

    I think you mean an otter; Hairless, athletic.

  • $park¥||

    You guys are pushing this fund raiser like your jobs depend on it.

  • Almanian's Evil Twin||

    Why don't you guys write a book? That would be another way to raise money?

    Just a thought.

  • $park¥||

    Maybe get Doherty to write something about Ron Paul too.

  • ||

    I have an idea. Why don't you sue people for defamation every time they mention your names? That is probably a good way to make a bunch of money, right?

  • Pro Libertate||

    It's certainly a good way to discard money.

  • R C Dean||

    Now, now. Money spent on legal fees is never wasted.

  • Pro Libertate||

    Ha! We are in-house, old man, and need not support these parasites. Except when they help us win and stuff.

  • ||

    I would donate more if you fired Kennedy. There's a way to save money!

  • ||

    I must be missing something. I really dont get the Kennedy hate.

    I will be donating, despite some Reason writers support for the commit shitstain captain zero. ( Not so much this time around as last )

  • Hyperion||

    Me either. If there needs to be some hatin, direct it towards that guy who is always showing us charts that prove AGW is real.

  • ||

    She's just really annoying. In all of her videos.

  • BakedPenguin||

    I'd disagree. She's calmed down a lot since her MTV days, when she did annoy me. (Pretty much every one on MTV annoyed me, though). Only now, she talks about regulation stifling business instead of the Pet Shop Boys.

    Come to think of it, that might be part of the reason she's calmed down.

  • ||

    commit? Ugh.

    commie

  • Bobarian||

    I would donate more if you hired Martha Quinn...

  • Hyperion||

    There isn't going to be a 2013. I read this book a guy wrote that said the Mayans predicted the world will end in only 11 days from now. I just bought extra water and canned stuff, and beer, so I can survive after the end of the world occurs. Nice knowin y'all.

  • Heroic Mulatto||

    I just bought extra water and canned stuff, and beer, so I can survive after the end of the world occurs.

    I hope that's not all you bought.

  • Hyperion||

    I said I bought beer. So what is your point?

  • Heroic Mulatto||

    You'll need a Mossberg to protect your beer.

    Beans, bullets, bandaids, beer.

  • Hyperion||

    I won't need guns. Guns are for the bad guys. Sure, they will show up with their guns, but I will talk tough and then they will just leave, promising to return later(I will drink all the beer while they are gone, ha!). I learnt that from TV.

  • Hyperion||

    I would donate if they would do an article about fracking.

  • Raston Bot||

    I'll donate if this comments section turns into a homebrew thread.

  • Hyperion||

    We can easily make that happen. Hijack!!!

  • waaminn||

    Those folks really do seem to know which way is up!

    www.GetsAnon.tk

  • Ska||

    If we're discussing Jimmy "Fiscal" Cliff, does that make Boehner Johnny Too Bad?

  • ||

    Okay Matt, I'm about to donate...but I've got some demands...

    1. I want weekend links.
    2. I want you to hire a military subject matter expert.
    3. I want a preview button that works.
    4. I want an edit button (but the ability to access original text).
    5. I want a policy prohibiting writers from plugging their books.
    6. I want Ken to use the word "cunt".
    7. I want Sloopy to invite a cop to dinner.
    8. I want Dunphy to use caps and shorten his posts.
    9. I want the doc to acknowledge the existence of the movie Dune.
    10. I want John and Tulpa to turn in their Team Red membership cards.
    11. I want moar stories about Star Trek, Firefly, LotR, BSG, circumcision, mayonnaise, pizza and droanz.
    12. I want T o n y, Joe, Shreek and Mary to get marooned together on a desert Island.
    13. I want anonbot to learn to spell.
    14. I want pornbot back.
    15. I want FOE's replies to be set on a 5 minute delay before updating on the thread.
    16. And throw in a pony.

    Should be worth about twenty bucks.

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