Bella Fortezza is a 501(c)(3) charitable organization created in 2020 to address the widespread need for affordable housing as well as increase the financial and social system literacy of hard-working immigrant families.
Please consult your tax advisor for advice regarding the tax-deductibility of your contributions.
Your tax advisor can evaluate the specific circumstances which may apply to you, but in general you are permitted to deduct up to 60% of your Adjusted Gross Income (AGI) in cash donations or 50% of your AGI in non-cash donations. Corporations are typically limited to 10% of AGI in cash donations.
However, for tax years 2020 and 2021, thanks to the CARES Act individuals may deduct up to 100% of AGI in cash donations (non-cash donations are still capped at 50% of AGI).