New Tax Incentives for Donors
Make your donation to the UCC Scholarship Fund before December 31st, in order to benefit from incentives offered and deductions allowed in the new internal revenue tax code.
Law 1 approved on January 31st, 2011, constitutes the new Internal Revenue Tax Code, which allows corporations and individuals to take as deductions donations to non-profit institutions. In this way, the Government recognizes that “non-profit organizations provide important services to citizens that the government cannot itself provide as efficiently”, according to the law’s Explanatory Memorandum. The law allows a larger deduction to individuals and corporations making donations to non-profit institutions, among which are educational, community- and faith-based organizations.
Please call the UCC Office of Institutional Development to find out about our initiatives and funds to which you can make your donation, at all levels, so that you can benefit from these tax deductions.
To contribute, please contact