The CARES package includes a temporary universal charitable deduction. This deduction will allow all taxpayers to claim an above the line charitable deduction for cash donations up to $300 through December 31. Donations to donor advised funds and supporting organizations are not eligible for the deduction.
Adjusted Gross Income Limitation
The law also lifts the cap on annual deductions for cash contributions for those who itemize, raising the cap from 60% to 100% of adjusted gross income. The cap for corporations has been increased from 10% to 25%. For food donations, the corporate cap has been increased from 15% to 25%.
Your gift helps us maintain and grow these programs. And with these new tax incentives, there has never been a better time to suport the Club.
Ways to Give
Other Ways to Give
There are other ways you can choose to support Boys & Girls Clubs – Alaska. Check out the options below to learn about some other ways to make an impact!
The Community Rewards program makes donating to Boys & Girls Clubs – Alaska based on the shopping you do every day. Link your Fred’s Shopper’s Card to Boys & Girls Clubs – Alaska, and then all you have to do is shop! Swipe your Shopper’s Card at checkout and any purchases will be applied to the program, at no additional cost to you.
To find out more, click below.