Tax-friendly donation for Dutch tax payers

 

To realize its objectives, the Bernadette van Gelder Foundation is dependent on gifts, legacies and donations. Since October 2017, the Foundation has the ANBI (General Benefit Organization) status, which allows for tax-friendly donations. The tax benefits then apply to both the donor and the foundation.

Periodic donations offer more tax options than one-off donations. A periodic donation is a donation that you record for 5 years. To this end, you enter into an agreement with the foundation and donate an equal amount every year during this period. The entire amount is then tax- deductible for you.

Calculation example:
Set regular donations: € 120 per year Threshold: n.a.
Deductible: € 120 per year
Tax refund 42%: € 50,40
Net costs for you: € 69,60

The amount of the net costs for you depends on the amount of your aggregate income. At a tax rate of 52%, your net costs amount to only € 57.60 per year for a donation of € 120, =. This is a calculation example with a randomly chosen amount. For every donation of any amount, equal tax rules apply. You see, the tax authorities make donating to the Bernadette van Gelder Foundation particularly attractive.

One-off donations are deductible if the amount is above 1% and no more than 10% of your aggregate income, with a minimum of € 60. From a tax perspective, a periodic donation is more attractive.

If you wish to support the Bernadette van Gelder Foundation and you want to make use of the tax- friendly donation option, please contact our Treasurer Michiel van Loon (06 - 24552282 or info@bvgfoundation.org).

Only with your help are we able to realize our projects.


For more information, please refer to www.belastingdienst.nl