Empowering Youth through Education - Calvin's Page
A nonprofit fundraiser supporting
Colorado Dream FoundationEnsure that all children have the opportunity to pursue higher education and fulfill their potential
$100
raised by 1 people
$2,000 goal
Colorado Child Care Contribution Tax Credit*
Colorado Dream Foundation is a qualified childcare facility for the State of Colorado, which means your donation of $250 or greater, up to $200,000, qualifies for a 50% childcare contribution tax credit.
Your donation still qualifies as a charitable deduction on your Federal income tax
- The donation must be made as a single gift, paid in full via check, cash, credit card, direct bill, or electronic funds transfer
- You can take advantage of the tax credits regardless of whether you itemize or not
- Both individuals and corporate donors can benefit from this tax credit program
- In-kind donations are not eligible for this credit
The table below illustrates how a large part of your donation comes back to you in various tax credits and deductions.