Congress has officially passed the One Big Beautiful Bill Act, a sprawling piece of tax legislation with major implications for nonprofit organizations and their supporters. While some of the most controversial proposals were...more
7/9/2025
/ 501(c)(3) ,
Charitable Donations ,
Endowment Funds ,
Excise Tax ,
Executive Compensation ,
Net Investment Income ,
New Legislation ,
Nonprofits ,
Tax Credits ,
Tax Deductions ,
Tax Reform ,
Taxable Income ,
Taxation
President Trump’s proposed One Big Beautiful Bill, which the House of Representatives passed last week, contains several provisions applicable to nonprofit organizations and their donors. While the Senate could still revise...more
5/28/2025
/ Business Income ,
Charitable Organizations ,
Colleges ,
Corporate Taxes ,
Educational Institutions ,
Endowment Funds ,
Excise Tax ,
Investment Tax Credits ,
Nonprofits ,
Private Foundations ,
Proposed Legislation ,
Tax Rates ,
Tax Reform ,
U.S. Treasury ,
Universities