Boys & Girls Clubs of Tucson is a Qualifying Charitable Organization under the Arizona Charitable Tax Credit (QCO 20282). Your year-end contribution may qualify for a dollar-for-dollar tax credit of up to $800 per family!
No investment is too great to ensure a bright future of our children.
If you are an Arizona taxpayer, you may claim this tax credit in addition to other types of tax credits – Click Here for More Information.
Charitable Giving Benefits in the CARES Act
Recognizing the vital role that that nonprofit organizations play in every community, the Federal CARES Act has several provisions for both individual and corporate donors to encourage charitable giving.
New $300 Deduction for Qualified Charitable Donations
Individuals who take the standard deduction can now claim an above-the-line tax deduction for cash donations up to $300 to qualified charitable organizations.
Corporations’ Limit Increased to 25% for 2020
For the 2020 tax year, corporations can deduct up to 25% of the taxpayer’s taxable income for any cash contributions made to qualified charitable organizations. Deductions for cash donations were previously limited to 10% of the taxpayer’s taxable income.
60% of AGI Limit Suspended for 2020
The usual deduction limit for cash gifts to public charities is 60% of adjusted gross income (AGI). For the 2020 tax year, individuals can deduct cash contributions made to qualified charitable organizations up to 100% of their adjusted gross income. Gifts may be for any charitable purpose and are not limited to gifts for COVID-19 relief efforts.
Become a Fundraiser
Want to help support the Clubs through becoming a fundraiser? It’s easy – we use MobileCause for our online personal fundraising pages. Click below to help us create great futures for Tucson’s youth!
Boys & Girls Clubs of Tucson values your privacy and will never share, rent or sell your personal information.
For more information on Contributions to Qualifying Charitable Organizations (QCO 20282), please visit the State of Arizona Department of Revenue (click here).
Boys & Girls Clubs of Tucson uses MobileCause and Greater Giving Online for all of our online donations. If you have any questions regarding the security or privacy of your information when making a donation, please contact our Administrative Office at (520) 573-3533.