Global Village Fundraising Handbook (Page 37 of 44) in pdf

Global Village Fundraising Handbook Page 37

APPENDIX 4

Appendix 4

Tax deductions for

donations

Any donations raised over and above the cost of the program are considered fully tax deductible for donors

in the United States as long as their donation is in support of Habitat for Humanity International and the

Global Village team, and is not allocated to pay for a person’s expenses or program costs. However, we

always recommend that donors consult a tax adviser if they have questions about their tax situation.

For U.S. citizens who participate, the entire amount might be tax deductible as an out-of-pocket

expense in the pursuit of charitable work. When participants pay the program cost from their own funds

and itemize year-end taxes, if there was no signi cant element of pleasure in the trip, the entire cost of

the program can be deducted. Consult with your tax adviser for more information.

Global Village Fundraising Handbook Page 37