2026 Tax Changes

Changes to the tax code are coming in 2026, and new rules will impact deductions, limits, and benefits for donors at every level. We are grateful to our donors for your continued generosity and invite you to learn more about these changes so you can plan accordingly.

As 2025 draws to a close, now is the time to seek advice from your financial advisor or CPA, as there may be opportunities to maximize your impact using 2025 tax strategies before the new 2026 rules take place. What changes are coming?

In a nutshell, donors who itemize will have the most favorable tax circumstances if they give in 2025, while standard filers will most likely have a more favorable tax advantage by giving in 2026. Specifically:

2026 Details for Itemizers 

• Only  charitable contributions that exceed .5% of your adjusted gross income may be eligible for deductions.
• For individuals in the 37% marginal tax bracket, the maximum tax benefit from charitable contributions will be 35%.

If you have a donor-advised fund (DAF) and contribute to it in 2025, you can claim an immediate deduction and maintain flexibility to recommend grants over multiple years.

2026 Details for Non-itemizers:  

• Individuals who select the standard deduction will be able to make a charitable deduction for donations up to $1,000.
• Married couples who select the standard deduction will be able to make a charitable deduction for donations up to $2,000.
• Gifts to DAFs are excluded in both cases.

Need assistance with your 2025 giving? Email us at [email protected].

Not sure how the above applies to you? Contact your professional advisor (CPA, lawyer, financial advisor) to learn more.

The information above is not intended to constitute tax or legal advice and should not be relied upon as such. You should discuss the implications and consequences of a specific charitable gift with a legal and/or tax advisor who is familiar with your financial situation.