Tuesday, November 30 (The First Tuesday after Thanksgiving) is Giving Tuesday for 2021. The NCBS/SCBS welcomes your donation!
Mailed NCBS/SCBS Donations may be sent to:
Northern California Bluegrass Society / Santa Cruz Bluegrass Society
PO Box 390846
Mountain View, CA 94039-0846
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The Northern California Bluegrass Society/Santa Cruz Bluegrass Society is an official Internal Revenue Code Section 501(c)(3) organization that accepts tax-deductible contributions. Here is some useful tax planning information for 2021 only if you are interested in supporting local bluegrass music with tax-advantaged contributions.
For the tax year ending on December 31, 2021, it is possible to deduct cash gifts up to $300 for an individual or $600 for a married couple filing jointly, even if the taxpayer(s) do not itemize deductions — that is, the 90% of taxpayers who take the standard deduction. Gifts must be made by check, credit card or debit card to a qualified 501(c)(3) charity. Volunteers who have unreimbursed out-of-pocket expenses will also qualify for this deduction.
Gifts to charities like the NCBS/SCBS usually have deduction limits of 60% of a donor’s adjusted gross income, but in 2021 (only) the limit has been temporarily raised to 100% of AGI. In addition, donors who contribute more than the limit may carry the balance of the deduction forward for up to five years after the year of the gift.