Ben Gose

2 days ago | philanthropy.com | Ben Gose

The tax bill released by House Republicans on Monday calls for escalating taxes on investment income at the nation’s foundations and universities, which means the richest foundations and universities would pay by far the highest rates. The excise tax on endowment income at foundations would stay at 1.39 percent for foundations with $50 million in assets or less, but it would double — to 2.78 percent — for foundations with assets of $50 million to $250 million.

1 week ago | philanthropy.com | Ben Gose

Soon after the launch of the Community Impact Coalition, which is fighting potential tax increases on nonprofits, the group posted a slick video on its website featuring charities meeting basic needs. The music starts upbeat and inspiring. “Nonprofit organizations are the heart of our communities. They feed the country, shelter the homeless, educate children, and support veterans and hard-working Americans.

2 weeks ago | philanthropy.com | Ben Gose

President Trump’s tariff announcements and the accompanying stock-market volatility are leading online donors to pull back, according to several big fundraising companies. Experts disagree on how fundraisers should proceed, with some urging caution and others saying charities need to push ahead with ambitious campaigns — a strategy choice reminiscent of what groups faced in the pandemic’s early days.

3 weeks ago | philanthropy.com | Ben Gose

After President Trump claimed last week that many nonprofits have “abused” their tax-exempt status, organizations are braced for White House moves that may represent the administration’s most direct action against nonprofits to date. Experts are urging charities not to panic, noting the legal safeguards and review process that protect groups. But leaders of some charities say such assurances offer cold comfort given that Trump has sidestepped legal precedent many times before.

1 month ago | philanthropy.com | Ben Gose

President Trump’s shifting approach to tariffs is adding new headaches for nonprofits already grappling with chaos related to executive orders from his administration. Even after Trump backed away from his plan for reciprocal tariffs on about 90 countries, most goods entering the country will still face a 10 percent tariff.