During the uncertainty of COVID-19, our commitment to supporting vulnerable youth remains the same – defending their potential- no matter what. Now more than ever we are a safety net who is inspired to ensure the basic needs of youth by offering an unquestionable sense of connection to our community. Our Big Brothers, Big Sisters, volunteers, staff and donors are a regional network of neighbors ready and willing to offer direct assistance to resources for families and ongoing emotional support for youth.
The Coronavirus Aid, Relief and Economic Security (CARES) Act allows taxpayers to take a charitable deduction of up to $300 ($600 for married couples) for those who take the standard deduction. You might think that this is a small amount and would not make a difference. But what if all of our donors gave “just” $300? Such support would have a huge impact on those we serve.
For those who do itemize their deductions, the new law allows for cash contributions to qualified charities such as Big Brothers Big Sisters to be deducted up to 100% of your adjusted gross income for the 2020 calendar year.