Tax benefits

Making a donation to the Friends of CODART Foundation often means you can benefit directly from tax advantages provided for in your country of residence.

The Netherlands

The Dutch Tax Administration has designated CODART as an ‘institution for general benefit’ (Algemeen Nut Beogende Instelling [ANBI]). Accordingly, gifts may be deducted from income and corporate tax. The tax advantage can add up to 78% of the gift. For more information please contact the CODART bureau or read the information below in Dutch.

In Dutch: informatie over de Geefwet

Op giften aan culturele ANBI’s is door middel van de nieuwe Geefwet sinds 1 januari 2012 (en in principe tot 1 januari 2017) een zogeheten multiplier van toepassing. Dit betekent dat u uw gift mag vermenigvuldigen met 1.25 en zo een kwart meer kunt aftrekken dan u eigenlijk schenkt. De multiplier mag gebruikt worden voor jaarlijkse giften tot aan 5000 euro. Voor eenmalige giften geldt een aftrekdrempel van 1% (en minimaal € 60) en een plafond van 10% van het verzamelinkomen. Een periodieke schenking levert het meeste voordeel op. Indien u bijvoorbeeld 1000 euro per jaar schenkt en dat gedurende vijf jaar, kunt u door middel van de multiplier 1.250 euro als aftrekpost noteren. U hoeft hiervoor niet langer gebruik te maken van een notariële akte. Een schriftelijke overeenkomst tussen beide partijen volstaat. Meer informatie hierover vindt u via deze link: www.belastingdienst.nl

American Friends of CODART Fund

U.S.-based donors can support our activities in a tax-efficient way through a contribution to the American Friends of CODART Fund at the King Baudouin Foundation United States (KBFUS). Because KBFUS is a public charity, within the definition of Sections 501(c)(3) and 509(a)(1) of the IRS, donors may claim the maximum tax benefits allowed by U.S. tax law for their contributions. If you wish to support us, here is how to proceed:

Go to our special webpage at the KBFUS , select an amount and press the Donate button.

Gifts by check:

Make out your check to KBFUS, specifying “American Friends of CODART Fund” in the memo section of the check, and send it together with the completed gift form to KBFUS, 10 Rockefeller Plaza, 16th Floor, New York, NY 10020.

Gifts by wire transfer or to contribute other types of property:

Contact KBFUS at: email info@kbfus.org, phone +1 (212) 713 7660.

For any additional questions please do not hesitate to contact the CODART director at: director@codart.nl

Residents of the UK, Germany and Belgium

The Friends of CODART Foundation offers donors from the UK, Germany and Belgium an easy way to benefit from tax advantages provided for in the legislation of their country of residence. With the assistance of Transnational Giving Europe (TGE) donors can pay their support via the affiliated organizations in their own countries. Just contact the associated organization in your country. You pay your donation to them and via TGE your support will be transferred to the Friends of CODART Foundation in the Netherlands.

From the website www.transnationalgiving.eu:

‘Your cross-border donation receives all applicable tax benefits in the country where you pay tax. Partner foundations’ combined expertise in domestic tax laws secures the most effective tax treatment for your gift in both your own country and the recipient’s. A 5% contribution towards administrative costs is charged on the donated amount.’

Contact the organization in your country for more information on how to transfer your donation to the Friends of CODART Foundation:

King Baudouin Foundation

rue Brederodestraat 21
1000 Brussels, Belgium
T +32 2549 0231
F +32 2549 0289
E tge@kbs-frb.be
W www.kbs-frb.be

Maecenata Stiftung

Herzogstrasse 60
D- 80803 München, Germany
T +49 8928 4452
F +49 8928 3774
E tge@maecenata.eu
W www.stiftung.maecenata.eu

CAF – Charities Aid Foundation

Kings Hill, West Malling
Kent ME19 4TA, United Kingdom
T +44 3000 123 380
F +44 3000 123 160
E tge@cafonline.org
W www.cafonline.org

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