Together, we’re preserving Georgia’s coast for our children—and theirs.
Incentives to Give in 2020
The CARES Act lifted the cap annual contributions from 60% to 100% of adjusted gross income (contributions must be itemized). It also created a new above-the-line deduction for charitable cash contribution up to $300.
For Major Donors – CARES lifts the existing cap on annual contributions for those who itemize, raising it from 60% of adjusted gross income to 100%. Any excess contributions can be carried over for five years.
For Non-Itemizers – CARES includes a temporary, non-itemizer charitable deduction up to $300. In other words, you can deduct up to $300 over your standard charitable deduction for gifts made in 2020.