In July, Congress passed the One Big Beautiful Bill Act (HR1), ushering in sweeping structural changes to U.S. safety net programs. These reforms, particularly to SNAP and Medicaid, are reshaping how states deliver benefits and how families experience financial security.
On November 12, 2025, the Aspen Institute Financial Security Program and the Asset Funders Network unpacked the implications of HR1 in a funder-only briefing that explored understanding state-level needs and explored strategic opportunities for philanthropy to mitigate disruptions to benefits access and economic stability.
Attendees gained:
- A clear overview of HR1 and its evolving impact on safety net programs and financial security
- Insight into states needs to reduce the financial impacts on benefits recipients, and where support is most needed
- Actionable strategies for funders to support nonprofits and government partners to address emerging challenges
- Access to curated resources developed by a coalition of 11 leading nonprofits supporting state compliance and innovation under HR1
Speakers
Tim Shaw, Aspen Institute Financial Security Program
Annika Little, Asset Funders Network
Meg Booth, AARP Foundation
Korey Klein, Ballmer Group
