On Thursday, the House narrowly passed the One Big, Beautiful Bill Act. Thanks to the collective advocacy from the nonprofit sector, Congress made some important changes to the bill, including stripping the terrorism provision from the bill. They’re also hearing us on the UBIT issues. However, our information indicates that they are not hearing much from us about the taxes on foundations.

As many of you may know, foundations are restricted from asking nonprofits to lobby on their behalf. We should all recognize that if foundations are taxed on their endowments, and with a downturned economy, they will have less funding to give to their nonprofit partners. This is where we need your help.

The bill now moves to the Senate, where we have the best opportunity to make changes. We are asking nonprofits to urge Oregon’s U.S. Senators to:

  • OPPOSE new or expanded taxes on foundations and nonprofits. These proposals (Section 112022 and Section 112024) divert scarce resources away from essential services, undermine the ability of charitable nonprofit organizations to meet needs in their communities, and put greater strain on government.
  • OPPOSE limits on charitable donations as a “pay for” for the bill. These proposals (Section 110011 and Section 112027) discourage charitable donations made by corporations and individuals, ultimately leaving nonprofit organizations with fewer resources to serve their community.
  • SUPPORT and EXPAND tax incentives for charitable giving. Congress should include in the tax reconciliation bill the Charitable Act, introduced by Sen. Lankford (R-OK), Sen. Coons (D-DE), Rep. Moore (R-UT), and Rep. Pappas (D-NH) to create a non-itemizer tax incentive for charitable donations to nonprofit organizations. See NCN’s one-pager on the Charitable Act.

Contact Oregon’s two U.S. Senators here.

In addition to contacting our senators, we are asking nonprofits to add their name to this National Letter, led by the National Council of Nonprofits, Council on Foundations, Independent Sector, and United Philanthropy Forum, urging Congress to remove harmful provisions targeting our sector.

Sign onto the letter here.
Budget Reconciliation and the Charitable Sector – A Joint Webinar

The National Council of Nonprofits, Council on Foundations, Independent Sector, and United Philanthropy Forum are co-hosting a national webinar on Thursday, May 29 at 11 a.m. PT. The webinar will provide an in-depth analysis of the tax bill and its provisions harming nonprofits and foundations, as well as an overview of how the nonprofit sector can push back against these threats. Space is limited, so we encourage you to register as soon as you are able.

Register here.