Tax Advice for Nonprofits
The One Big Beautiful Bill Act (OBBBA) is changing tax incentives for charitable giving, creating challenges for nonprofits.
2025 has been a difficult year for the nonprofit sector, with reduced federal support and targeted cuts for certain organizations, including:
- Immigration-related groups
- Arts organizations
- Climate organizations
- Organizations associated with DEI missions
Corporations are also under pressure to reduce charitable support to nonprofits with disfavored missions.
Nonprofits face an intermediate future with little promise of federal support.
Authors Henry and John Carroll of DonorSpring offer strategies to help nonprofits adapt and sustain funding.
Author's summary: Nonprofits face new challenges due to the OBBBA.
More News
- Northwinds Symphonic Band to honor veterans with free concert on Nov. 9
- Belfast City Council passes motion of no confidence in Education Minister after walk-out
- Inspecting the inspectors
- Active storm track in Ontario, with wind, rain and even snow - The Weather Network
- Tom Cullen: “Why are men so angry?”
- Rwanda to Set Up Industrial Parks for Agro-Processing
- What 50 years of buried data tell us about Canada’s mining oversight
- Wealth taxes will deliver cash for public services and help grow the economy, says UNISON | News, Press release | News | UNISON National
- Miss Universe Chaos in Thailand as Security Intervenes After Director Insults Miss Mexico
- Why Macron bears responsibility for MPs' vengeful vote against 1968 Franco-Algerian accord