Brooklyn Org, a nonprofit supporting local charities, warns that a new federal rule could eliminate tax exemptions for 501(c)(3) organizations, potentially destabilizing critical funding for community services. CEO Jocelynne Rainey described the proposal as "chilling," especially for vulnerable residents relying on such services. Senator Chuck Schumer expressed concerns that the executive order might categorize certain organizations as threats, complicating their ability to secure support. With over $130 million invested in various initiatives, including youth services and racial justice, Brooklyn Org emphasizes the importance of these nonprofits in community welfare.
Brooklyn Org's CEO Jocelynne Rainey called the proposal "chilling," noting its impact on vulnerable residents who rely on services offered by 501(c)(3) organizations.
The proposed federal rule connected to a potential Trump executive order threatens the funding that enables community services vital for local residents.
Sen. Chuck Schumer warned that the order could label some 501(c)(3) organizations as threats, further jeopardizing financial support crucial for many services.
Brooklyn Org has invested $130 million into various community projects, including racial justice and development, underscoring the significance of these organizations.
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