Profitable companies need strategic ways to reduce their tax burden. Donations to AlternaCare, are how savvy companies capitalize on the tax code by doing good.

How it works for non-cash donors is best illustrated by Google AdWords for Nonprofits grant program. Google AdWords credits $120,000.00 a year to nonprofits in an AdWords donation.

The AlternaCare Foundation is a recipient of the grant. This is how charitable tax write-offs work in the tax code.

This is your company's opportunity to make a difference - and take advantage of the benefits of charitable giving in the following donation types:

• Goods

• Services

• Cash

• Merchandise

• Products

• Labor

• Donor-advised funds

• Charitable trusts

• In-kind donations

• Assets

• Stocks

• Crypto

• Real estate

• Jewelry

• Fundraising

• Etc....

The tax law incentivizes profitable companies by rewarding them with charitable contributions deductions as identified in 26 U.S. Code § 170m -Charitable donations, simplified and summarized in the following:

Donations made in a tax year are a deduction the year of the donation, up to 50% of the business gross income. An unused donation amount is deductible for five years following, until the donation is utilized.

Charitable donations for services (in-kind donations) are valued at the retail value of the donation, that is sales price the donor sells to its customers.  

More Information -

Donations of $250 and over in one calendar day, the donor receives a donation letter for the value of the donation received.

Donations are based on the following criteria:

• 1. Cash Donations - Cash donations made through our merchant processor, receive a receipt from the merchant processor. Cash in hand donors receive a tax deductible donation letter receipt.

• 2. Non-cash donations:

  a. Donors complete the Donor Form below.

  b. After donation is received, a donation letter receipt is sent by email to the donor.

  c. The receipt is for the retail value of the donation based on the Donor Form.