Sponsors (7)
The bill increases transparency and helps detect foreign influence in U.S. nonprofits (strengthening oversight and public trust) at the cost of added compliance burdens, donor privacy risks, potential chilling of legitimate foreign philanthropy and academic exchanges, and possible diplomatic friction.
Voters, policymakers, and taxpayers: searchable public disclosure of foreign government/party funding over $10,000 makes it easier to detect and assess foreign influence on U.S. tax-exempt organizations.
Policymakers and the public: greater transparency about foreign donations to think tanks and cultural organizations improves the ability to identify conflicts of interest and evaluate the credibility of policy research and recommendations.
Nonprofit sector and the public: increased scrutiny of foreign funding can reduce covert influence risks and bolster public trust in funded nonprofit activities.
Nonprofit organizations (including think tanks, cultural groups, and universities): new reporting requirements and disclosure rules will increase administrative burdens and compliance costs.
Donors and recipient organizations: public naming of foreign donors giving over $10,000 risks chilling legitimate philanthropic support and academic/cultural exchanges with foreign partners, reducing funding and collaboration opportunities.
Donors (including U.S. taxpayers): publishing donor names and amounts creates privacy risks and could expose donors to public scrutiny or misuse of data.
Based on analysis of 3 sections of legislative text.
Requires tax-exempt organizations to report and publicly post annual gifts over $10,000 from foreign governments, foreign political parties, and certain foreign-directed entities into an IRS searchable database.
Official title: To amend the Internal Revenue Code of 1986 to provide for the public reporting of certain contributions received by charitable organizations from foreign governments and foreign political parties.
Introduced June 12, 2025 by Lance Gooden · Last progress June 12, 2025
Requires tax-exempt organizations (including think tanks and cultural nonprofits) to report and publicly post annual gifts over $10,000 from foreign governments, foreign political parties, and certain foreign-directed entities. It also directs the IRS to publish a searchable public database showing each reporting organization and the aggregate annual amounts received from listed foreign sources, including the People’s Republic of China and the Chinese Communist Party. Applies to returns filed for taxable years beginning after enactment and adds new reporting and public-disclosure rules to the Internal Revenue Code to increase transparency about foreign government influence on U.S. nonprofits.