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Last updated: July 8, 2025.
H.R.1 is now federal law; here's the final bill text.
With many of the provisions in the Tax Cuts and Jobs Act (TCJA) (P.L. 115-97) expiring at the end of 2025, the 119th Congress passed legislation through the reconciliation process that extends several TCJA…
On May 9, 2025, the House Ways and Means Committee released initial legislative text of the tax bill to be marked up this week. The Committee is expected to release a revised and more substantive bill Monday afternoon, so the provisions below could be modified and are subject to change.…
Rahsaan Bernard is the President of Building Bridges Across the River. In his role as President and CEO, he is responsible for the leadership, management and oversight of the organization’s five projects. The Townhall Health Education Arts Recreation Campus (THEARC), a campus of 14 nonprofit…
Tom DiGenno is a Program Director with the Richard E. and Nancy P. Marriott Family Foundations. In his role, he brings years of experience in philanthropic and non-profit organization management, overseeing strategy and grantmaking in the issue areas of early childhood development, mental health,…
Shelley Buck is president of Owámniyomni Okhódayapi, a Dakota-led organization in Minneapolis that is creating a place of healing, restoration, education, and connection at the Upper Lock on Minneapolis’ Central Riverfront that is a sacred area to the Dakota people. Buck is an enrolled member of…
Sophie Harris Vorhoff is a parks, public space, and infrastructure reuse professional with over a decade of nonprofit executive leadership experience building vibrant, equitable communities. She brings knowledge of the intersection between government, nonprofits, philanthropy, and communities.…
Congress should protect philanthropy’s ability to support causes from food pantries to disaster relief.
Today, House Republicans released the updated text of a tax package, which includes a proposed increase in the excise tax on net investment income for private foundations. In addition to a…
Ashan Jayasuriya is a human centered leader with a rich background in youth development, learning and development, and strategic thinking. Currently serving as a Learning and Development Partner, he designs and facilitates engaging learning experiences that foster growth, innovation, and belonging…
As Senior Director, Belonging and Activating For All, at Y-USA, Mike is responsible for building strategies that advance the YMCA's organizational Mission to ensure that all individuals have the opportunity to access and engage with the YMCA; thrive in their communities; and reach their full…