Charitable Giving Deduction in 2021! A charitable deduction of up to $300 per taxpayer ($600 permitted for joint filers) is available when you make a charitable gift in 2021 and take the standard deduction when filing your taxes. This deduction is an “above the line” adjustment to income, reducing your adjusted gross income (AGI) and taxable income. The charitable gift(s) must be cash and must be made to a public charity – cannot go to a donor advised fund (DAF) or private foundation, and can be given anytime from January 1, 2021 through December 31, 2021.
The Wayne County Community Foundation is a charitable community organization that accepts contributions, creates and administers funds, and makes grants for the benefit of the people of the greater Wayne County, Ohio area. We manage and invest 495 separate funds, investing these endowments with awards of over $95.6 million in grants and scholarships.
Investments big and small all make a tremendous impact in our community. Our foundation offers several entry points for donors and budding philanthropists to begin putting their hard earned dollars to work for the betterment of our community. Explore these giving options to get started.