Public policy news and updates for the philanthropic sector

June 26, 2026

What's Happening This Week...

• Happening at the Council
• What We're Tracking in DC
• Additional Updates
• Take Action

Happening at the Council

Advocacy Essentials for Community Foundations

August 25 and 27 | 1 – 5 p.m. ET

Join the Council on Foundations and CFLeads for our two-day virtual training, Advocacy Essentials for Community Foundations, on August 25 and 27. Whether you're just getting started or looking to advance your advocacy efforts, this training will equip you with practical tools and confidence to take action. For community foundations committed to building thriving communities, engaging in policy and advocacy is essential! Register now.

What Generosity Builds

We're excited to share our sector-wide storytelling campaign, Generosity Builds: 250 Years of Charitable Giving — a celebration of how philanthropy shows up in communities across the country, and an invitation to showcase your own impact as part of it.

Think about what generosity looks like in your community and what you'd want to highlight. You can explore the social media toolkit to share stories we've already collected or build your own, submit a story to be featured on our campaign site, or subscribe for updates throughout the year.

Join us as we show the country what generosity builds.

Next Week: Council Office Closed for Wellness Week

Schools closing for summer vacation remind us that taking a break is necessary to refresh, refocus and spend time with loved ones. We’re taking this to heart at the Council, where our office will be closed from June 29 through July 3, for our annual summer Wellness Week.

What We're Tracking in DC

Budget Reconciliation 3.0 Outlook

House Republicans continue to consider a potential third reconciliation package, with some members pushing for the House to take up a bill before the August recess. While a blueprint or draft resolution could be released, the House and Senate would need to pass the same budget resolution to unlock the fast-track reconciliation process before the House could begin work to assemble a package.

Earlier this month, President Trump called for $350 billion in new defense spending and the inclusion of the Safeguard American Voter Eligibility (SAVE America) Act in a third reconciliation bill. In the Senate, some members, including Senate Majority Leader John Thune (R-SD) and Senate Finance Committee Chair Mike Crapo (R-ID), have expressed skepticism about the Senate’s ability to pass a reconciliation bill, as have some members of the House. Earlier this month, House Ways and Means Committee Chair Jason Smith (R-MO) stated that he would only support a bill that includes tax provisions.

Additional Updates

• Giving USA released key findings from its annual report on charitable giving, “The Annual Report on Philanthropy for the Year 2025.” This year’s report found an increase in charitable giving in 2025, with total giving reaching $617.20 billion. Giving to foundations declined by 18.3%.
• Earlier this month, the IRS Electronic Tax Administration Advisory Committee released its annual report to Congress. The report made recommendations on agency modernization, sustained and flexible funding, and streamlining the tax filing process by eliminating repetitive actions.

Take Action

Your voice is powerful with your Members of Congress. Consider taking our current Action Alerts.

• Support the Workforce Development Through Post-Graduation Scholarships Act (H.R.7594)
• Support the Charitable Rollover Facilitation and Enhancement Act (H.R.2891/S.3975)
• Support the Congressional Philanthropy Caucus
• Support the Grave Injustice Parity Act (H.R.7087)

Keep in Touch!

Please feel free to reach out to any of us on the Public Policy Team with comments or concerns, or to share an issue, article, event, or op-ed you would like to see covered in a future Washington Snapshot.

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