🧵The One Big Beautiful Bill is a mixed bag for nonprofits.

Here’s what changed — what it was before — and what it means.

The One Big Beautiful Bill is a double-edged sword for nonprofits:
✅ It widens access to giving via universal and scholarship deductions.
⚠️ But it also raises costs and regulatory complexity for wealthy institutions and makes big gifts less tax-advantaged.
Let's demistify.

Universities are nonprofits. And they rely on federal money.
How much do U.S. universities really depend on federal dollars?
Spoiler: A lot - but complicated to track.
Here’s how to trace the money (grants, contracts, audits, and all).