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This translates into considerable clout in Congress and state legislatures. 23 There has even been legislation proposed in Congress to legally require the tri-merge report, 24 overriding the FHFA’s proposed reform. This type of proposal for legislation is often a direct outgrowth of industry lobbying, so it is not unexpected.
As we approach 2025 and the anticipated changes that a new federal administration will bring, nonprofit leaders, grant writers, and fundraisers must be proactive to safeguard and sustain their funding sources. This translates to more funding being available to charitable organizations in 2025. Some good news?
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