On March 27, 2020, President Trump signed The Coronavirus Aid, Relief, & Economic Security (CARES) Act. This $2 trillion comprehensive legislation aids several aspects of COVID-19 recovery support for individuals, nonprofit agencies and businesses across the county. As part of this legislation, there are several charitable incentives available to donors.
It is important to note these benefits do not apply to gifts to donor advised funds, supporting organizations or private foundations. We encourage you to discuss any tax decisions with your team of professional advisors.
We hope this information provides an additional reason for individuals to support nonprofit organizations serving Hancock County which are strongly effected by COVID-19 . If you have any questions about supporting the Community Emergency Support Fund or the CARES Act please contact our Chief Donor Engagement Officer Nick Kulik.