Ames Brown writes: The tax bill will also have significant economic effects on the budgets of all types of colleges. In this article, I’m going to focus on the legislation’s likely effect on one large source of colleges’ revenue: taxpayers’ charitable contributions to public and private nonprofit colleges. In two other articles, I examine how colleges’ income will be affected by the Act’s limitation of the state and local income tax deduction, here; and by the introduction of a new tax on wealthy colleges’ endowments, here. I have also written a more comprehensive and detailed white paper covering these subjects, Tax Reform Will Be A Boon to Colleges.