- Explanation of how sponsorship contributions can be tax-deductible.
- Information on receiving an annual donation statement for tax purposes.
- Details on eligibility for tax deductions based on location (country-specific tax deduction guidelines).
- Instructions on what documents are needed to claim the deduction, and how to access them.
DOES MY GIFT QUALIFY FOR A TAX DEDUCTION?
Children Incorporated has been a registered 501(c)(3) charitable organization since 1964. Contributions, therefore, may be eligible for tax-deductibility status. We strongly recommend that you consult with your tax advisor when making such determinations.
WHAT TYPE OF CONTRIBUTIONS DOES CHILDREN INCORPORATED ACCEPT?
We accept various different types of donations that all support children in need and/or help us operate our organization to its fullest capacity. Donations to one of our many special funds go to supporting community needs, covering operational expenses for Children Incorporated, and helping families in times of crisis. You can read more about these funds and how they are changing the lives of those in need by visiting our donation portal on our website.
When you make a contribution to your sponsored child, those funds are designated for the child specifically. Additionally, you can make a contribution to that child above the $35 a month for general needs, birthdays and holidays. Children Incorporated welcomes your generous contributions for the benefit of your sponsored child/children, which will be disbursed with regular monthly subsidies to the child/children’s site. To enable our affiliated site volunteers even more purchasing power for the needs of the child, any contributions made in the amount of $5 or below will be accumulated over several months and forwarded twice a year.
I WOULD LIKE TO INCLUDE CHILDREN INCORPORATED IN MY ESTATE PLANS. WHAT IS THE BEST WAY TO DO THIS?
There are many options, including bequests, IRA/401(k) designations, annuities, and charitable remainder trusts. For more information, please contact us at 1-800-538-5381. We will work with you to create a plan that best meets your needs.