All of eugene_fama's Comments + Replies

Do you know if donations are tax deductible?

Is there a way to make donations tax deductible?

Raemon
110

One thing to consider – there are a few organizations that may plausibly have "support REACH-esque-projects" in their mission statement, and it might be possible for them to act as a donation funnel.

If you're self-employed and you donate at the $100/mo Sponsor tier, then your donation may be tax-deductible as a business expense, because you can consider it as paying for advertising. (This may depend on which country you live in and the nature of your business; I am not a lawyer.)

8decodyng
REACH has currently applied for 501(c)3 status, and is currently waiting on the bureaucratic process for donations to be officially tax deductible. But the hope is they will be soon!