Senate Passes Tax Bill With Mixed News for Nonprofits
The Senate version includes a larger charitable deduction for non-itemizers than the House version, but it also sets a floor and a cap for wealthy donors, which could reduce giving.
By Ben Gose
Senior Editor
Billions in New Taxes on Private Foundations — What’s Next?
The Senate removed the sharply escalating taxes in the measure approved on Tuesday, but foundations worry they could still re-emerge in the “Big Beautiful Bill.”
By Ben Gose
Senior Editor
Billions in Charitable Giving Could Be Lost, New Research on Tax Bill Shows
Independent Sector commissioned studies to measure the potential impact of two key proposals that are in both the House and the Senate versions of the tax bill.
By Ben Gose
Senior Editor
Charity Advocates Applaud Senate Version of Tax Bill
It greatly increases the charitable deduction for non-itemizers and eliminates proposed tax increases on foundations. But other provisions harmful to nonprofits remain.
By Ben Gose
Senior Editor
As the Tax Bill Heads to the Senate, Here’s How Philanthropy Is Fighting Back
The new tax bill would impact foundations and nonprofits — and charity advocates are scrambling to limit the damage.
By Ben Gose
Senior Editor
Tax Bill Takes Shot at the Largest Foundations and Universities
Taxes could top hundreds of millions per year at the Gates Foundation and others.
By Ben Gose
Senior Editor
Meet the Man Who Wants to Tax Most of the Nonprofit World
As charities focus on Trump, little-known Scott Hodge pushes for $40 billion in new taxes on nonprofits.
By Ben Gose
Senior Editor
Online Giving Is Sliding Amid Turmoil. Should Fundraisers Retreat or Go Big?
Digital donations are dropping in the wake of the president’s tariffs. Experts weigh in on whether charities should back off appeals or push ahead with ambitious campaigns.
By Ben Gose
Senior Editor
Trump Threats to Tax-Exempt Status: Can the Rhetoric Become Reality?
Nonprofits are bracing for what may represent the administration’s most direct action against them to date. Experts caution groups not to panic.
By Ben Gose
Senior Editor
A Tariff ‘Tidal Wave’: Higher Costs, Donor Pullback, More Budget Pain
President Trump’s shifting approach to tariffs is adding new headaches for nonprofits already grappling with chaos related to executive orders from his administration.
By Ben Gose
Senior Editor