For Immediate Release
Media contact: [email protected]
July 1, 2025
WASHINGTON – Philanthropy Roundtable applauds the U.S. Senate for passing the One Big Beautiful Bill Act (OBBBA) that champions pro-growth policies while reinforcing America’s proud tradition of charitable giving. This legislation expands tax benefits and safeguards vital giving incentives, empowering everyday Americans to give more freely and enabling nonprofits to serve their communities more effectively.
“Now more than ever, we need a strong, vibrant civil society,” said Philanthropy Roundtable Chief Operating Officer Elizabeth McGuigan. “Government spending is shrinking – which is a good thing – and generous Americans are ready and willing to support causes and communities around the country. We’re especially grateful for the leadership of President Donald J. Trump, whose pro-growth, pro-America agenda continues to inspire strong economic stewardship. We encourage the House to pass the Senate bill quickly and without changes.”
Philanthropy Roundtable has been a leading voice in the fight against a proposed tax hike on private foundations, which would target nearly 2,900 charitable foundations across the country, reducing dollars available for grantmaking to nonprofits doing critical work on the ground.
Read our coalition letters to House and Senate leaders opposing a tax increase on charitable giving below:
Conservative Leaders Oppose 600% Charity Tax Increase
Conservative Leaders to Congress: 600% Tax Increase on Private Charity Harms Americans
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