In 2020, under the CARES Act, you may receive a federal income tax deduction for charitable contributions of up to 100% of your adjusted gross income. If you take the standard deduction, the CARES Act allows for an additional, “above-the-line” deduction for charitable gifts made in cash of up to $300. Consult your tax advisor for further information.
Common Frequently Asked Questions
Match Your Gift
Looking to increase the impact of your gift? Use the search tool to see if your employer participates in a matching gift program. Many companies will even match to spouses and retirees.
Charitable Income Tax Deduction
If you itemize your income tax return, you are eligible for a charitable income tax deduction. Here are some things to know.