Leading Boldly

Active Legislation

The Senate Finance Committee released updated text of the tax package and has passed the amended package as of July 1, 2025. Thanks to your advocacy efforts, several provisions have been updated or eliminated. These important updates are highlighted below: 

• Dropped from the bill language:
  • New tax on nonprofit transportation benefits 
  • New tax on foundations
  • Harmful language granting unprecedented authority to the executive branch to revoke tax-exempt status (remains dropped)
• Expanded in the bill language:
  • Universal charitable deduction

While this is great news, there are still other provisions that may take away resources from the nonprofit sector, reducing its ability to serve people in communities nationwide: 

• Cuts to safety net programs, such as Medicaid and the Supplemental Nutrition Assistance Program (also known as SNAP benefits), which provide essential healthcare and food security to millions of people. 

Nonprofits should continue to contact their members of Congress to urge them to: 

• Oppose limits on individual and corporate giving
• Support and further expand tax incentives for charitable giving
• Support essential safety net programs, such as Medicaid and SNAP. 

Read the letter to the Senate, signed on to by 2,100+ nonprofits from the National Council of Nonprofits, Independent Sector, Council on Foundations and United Philanthropy Forum. 

Resources related to this bill from Sector Partners, including the Council on Foundations, Independent Sector and the United Philanthropy Forum:

• Updated summary of the One Big Beautiful Bill (H.R.1)
• One-pager on protecting philanthropy to share with Hill offices
• Estimated impact of the increased excise tax by state (This resource is a members-only resource - please ensure you are logged into the Council on Foundations’ website to access this data)
• The Forum's Advocacy Action Center - View messaging scripts and additional resources here
• Tax Provisions in House-Passed and Senate Draft FY2026 Budget Reconciliation Legislation Impacting the Charitable Sector (PDF from Indpendent Sector)

Related Resources:

• Understanding Proposed Tax Changes for US Private Foundations (United Philanthropy Forum)
• Framework for Proactive Advocacy, which includes key messaging and analysis of the legislation (United Philanthropy Forum)
• Protecting Nonprofits from Executive Branch Overreach (National Council of Nonprofits)
• Protecting Nonprofits in Tax Reconciliation (National Council of Nonprofits)