For many, the end of year tax incentive allows us to embrace our benevolent spirit. In recent years, and as nonprofit government funding continues to decrease, the third sector has looked to this generosity to bridge the growing financial gap.

Today, the recently passed Tax Cuts and Job Act is promising to change the supplemental landscape of individual giving – a shift that could put the entire system of fundraising in jeopardy.

When it passed in December 2017, the Tax Cuts and Jobs Act implicitly promised to reduce state spending. While this may prove helpful to America’s deficit, there will be another fallout, for example, social welfare. The Congressional Budget Office now reports the Tax Cuts and Job Act could result in a $25 billion cut to Medicare...