Deduct your gift from taxes?
If you make your donation for at least five consecutive years and document it in a donation agreement with us, your gift is fully deductible from your taxable income.
Occasional gifts (without an agreement) are deductible only for that portion of the annual gift that exceeds 1% of income. Often you don’t reach the threshold and nothing is deductible.
An example. Suppose your income falls in the basic tax bracket, so in the 37.35% tax rate, and you sponsor 1 child with Children’s Aid (140 euros per year). If you have no other donations, then the tax benefit is zero, because you stay below the threshold of 1% of taxable income. However, if you stipulate in a donation agreement that you donate this amount for a minimum of 5 years, then the threshold does not apply and the tax authorities refund 52 euros annually (= 37.35% of 140 euros). That pays off!
Click on the form below, turn it out, complete the form in duplicate and return the forms to our secretariat (Bont Dikkopje 2, 4007 HS Tiel). We will send you back one of the two copies completed and signed by the Children’s Aid Dominican Republic Foundation. This will make the contributions 100% tax deductible for the next 5 years.
