The stretch tax credit certainly will help, without question, at the grassroots level. In order to generate significant donations, you need to tap into some of the wealth that everyday citizens have, the grandmothers and parents who have cottages that nobody wants. That's an opportunity for wealth transfer, an opportunity for them to invest in the future of health care, for example, or in another charity, rather than waiting until their death and it gets dealt with as part of the estate. Ordinary citizens have a great deal of capital, if you will; through tax incentives, you can liberate that capital.
We saw that with the capital gains exemption. We virtually received no gifts of stock prior to the implementation of the capital gains exemption because there was no advantage to giving cash versus giving stock. With the implementation, everyday citizens started giving donations.