Donations help us expand capacity for new programs and sustain organizational stability by paying for programs that are otherwise underfunded from other sources.
Not only does donating to Beacon Group make a significant impact in your community, it benefits you directly through the Arizona Charitable Tax Credit.
The Arizona Charitable Tax Credit is simple. It is available for anyone who pays income tax in the state of Arizona, and you don’t need to itemize to take advantage of it.
Here’s how it works.
When you donate to Beacon Group, you may be eligible for a dollar for dollar tax credit on your state tax return, up to $400 for individuals, or up to $800 for married couples or those filing jointly.
For instance, let’s say you’re filing as an individual and owe $1,000 on your state taxes. When you donate $400 to Beacon Group, you may subtract that $400 from your tax debt, leaving you with a tax bill of only $600!
Likewise, if you’re filing jointly and you owe $1000 on your state taxes, donating $800 to Beacon Group would reduce your tax debt to a mere $200.
Even better, taking advantage of the Arizona Charitable Tax Credit doesn’t prevent you from taking advantage of other tax credits, such as foster care, public school, or private tuition tax credits.
The Arizona Charitable Tax Credit makes giving to Beacon Group a win-win for everyone.
To learn more and donate, visit beacongroup.org/donate
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*Please consult your individual tax advisor for advice on your specific situation.
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