Last year, Congress addressed a variety of changes to the tax code in H.R.1, which was signed into law on July 4, 2025. The legislation included many shifts that impact nonprofits, for-profits, and individuals. In particular, the new law marks one of the most significant shifts to charitable giving rules in recent history, affecting how donors of all sizes, from small donors to major philanthropists and corporate partners, approach their contributions. This guide highlights three major areas of impact. Impact 1: The universal deduction returns: A win for every American household After years of advocating, the bipartisan effort to see a universal charitable deduction is now law. Beginning in 2026, taxpayers who take the standard deduction will once again receive a limited tax deduction for charitable donations – up to… Read more »







