Skip navigation

President Biden’s Budget Proposal and Its Impact on Philanthropy

Sara Barba highlights proposed provisions for fiscal year 2024 that donors should be aware of.

In early March, President Biden released a budget proposal for fiscal year 2024, the Budget of the U.S. Government, which outlines the administration’s spending and tax priorities. In the proposal and its supplementary materials, including the General Explanations of the Administration’s Fiscal Year 2024 Revenue Proposals (the 2024 Green Book), the administration took aim at philanthropic vehicles, including family foundations, private foundations (PFs) and donor

All access premium subscription

Please Log in if you are currently a Trusts & Estates subscriber.

If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.

Questions about your account or how to access content?

Contact: [email protected]

TAGS: Philanthropy
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.