Trump’s ‘big’ bill gives millions of taxpayers a new charitable tax break, but whether it will help nonprofits is unclear
- Written by Daniel Hungerman, Professor of Economics, University of Notre Dame
Tax policy changes can influence how much Americans donate.Douglas Rissing/iStock via Getty Images PlusThe multitrillion-dollar bill that President Donald Trump signed into law on July 4, 2025, will change how the U.S. tax code treats charitable donations. It also has several tax provisions that affect some colleges, universities and other...