Federal tax changes taking effect in 2026 will reshape how charitable giving is treated in the U.S.—and for many donors, the 2025 tax year may be the most advantageous window for maximizing impact.

To help our Network of Good navigate this moment with clarity and confidence, Life Science Cares hosted a special virtual briefing on December 9th. Rob Gaan, LSC San Diego Finance Committee Chair and a Certified Financial Planner, broke down what the law actually changes, what it means for donors, and what actions donors and nonprofits might consider to maximize impact before December 31. Topics included:

• Why 2025 is a pivotal—and time-limited—opportunity to optimize your charitable giving
• How new AGI floors, deduction caps, and phase-outs may reduce benefits starting in 2026
• What the new “above-the-line” deduction means for donors who don’t itemize
• Smart strategies for year-end, including accelerating or bunching gifts for maximum effect.

The recording is below or you can download the slides..

These changes are already enacted. Understanding them now ensures you can take full advantage of the current rules and best support the organizations and efforts you want to.

If you’re interested in including Life Science Cares in your year-end philanthropy or want to hear more about our work, email Lianna Kushi, Chief Development Officer.