Tracey '84 and Jeff Breazeale
Since tuition alone does not cover the full cost of a Breck education, every gift demonstrates your commitment to the school, and shows our students the important value we place on giving back to the community.
We all do better when we join together, and now more than ever Breck relies on the support of our community members to sustain this work. Every gift of every size supports the important work we do today, while strengthening our legacy for tomorrow!
From the CARES Act:
The federal government allows you to deduct a charitable donation to a qualified organization if you don’t get anything in return for the donation.
Under 2018 tax law, you could deduct donations that exceeded 60% of your contribution base—meaning your adjusted gross income (AGI). For 2020, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) replaces the 60% of AGI charitable contribution limit with 100% for cash contributions to any public charity. The higher limit applies to contributions made directly to charitable organizations and does not apply to contributions to donor advised funds, supporting organizations or private foundations. As always, please consult your accountant for qualified financial advice.
To learn more about Annual Giving at Breck, please contact Susan Cossette, Annual Giving Director by email or phone at 763.381.8341.