The Foundation is a qualified charitable organization under section 501(c)(3) of the Internal Revenue Code. Your donation to become a Friend of the Ohio State Bar Foundation is tax deductible.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, enacted on March 27, 2020 includes the following charitable giving incentives:
- A one-time deduction of up to $300 for gifts made to charitable organizations for individuals who do not itemize their deductions.
- An increase in the charitable contribution deduction for individuals and corporations that itemize their deductions:
- For individuals, up to 100% of their 2020 adjusted gross income (previously 60%)
- For corporations, up to 25% of their taxable income (previously 10%)