Parochial altruism refers to the propensity to direct prosocial behavior toward members of one's own ingroup to a greater extent than toward those outside one's group. Both theory and empirical research suggest that parochialism may be linked to political ideology, with conservatives more likely than liberals to exhibit ingroup bias in altruistic behavior. The present study, conducted in the United States and Italy, tested this relationship in the context of the COVID‐19 pandemic, assessing willingness to contribute money to charities at different levels of inclusiveness—local versus national versus international. Results indicated that conservatives contributed less money overall and were more likely to limit their contribution to the local charity while liberals were significantly more likely to contribute to national and international charities, exhibiting less parochialism. Conservatives and liberals also differed in social identification and trust, with conservatives higher in social identity and trust at the local and national levels and liberals higher in global social identity and trust in global others. Differences in global social identity partially accounted for the effects of political ideology on donations.