Philanthropic Facilitation Act
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Philanthropic Facilitation Act
This bill amends the Internal Revenue Code to (1) expand the definition of, and requirements relating to, "program-related investments" made by private foundations to for-profit entities to further certain charitable purposes; (2) allow a judicial determination (i.e., declaratory judgment) as to whether investments in any entity qualify as program-related investments; (3) require expanded reporting by for-profit entities that receive program-related investments of their gross income, expenses, disbursements, and other information; and (4) allow public inspection of any petition seeking a determination that an investment by a private foundation is a program-related investment and of any information reported by organizations receiving program-related investments.
Read twice and referred to the Committee on Finance.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 2756: Philanthropic Facilitation Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-2756/
"S. 2756: Philanthropic Facilitation Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-2756/.
S. 2756, 116th Cong. (2026), https://openamerica.io/bill/116-S-2756/.
[S. 2756: Philanthropic Facilitation Act](https://openamerica.io/bill/116-S-2756/)