- We are helping tackle food insecurity by providing Grab & Go breakfasts and lunches at five Clubhouses for any youth 18 and under, Monday through Friday, for as long as we are needed.
- We have reopened two Clubhouses and four Early Learning Centers to service the needs of families of health care providers, emergency responders and essential workers. These locations are open seven days per week and offer extended hours to better match the shifts of the health care sector.
- We will be offering online programming lessons to our members beginning 3/30 in order to help them stay connected to staff they miss and activities they’ve come to love
– Boys & Girls Club of Truckee Meadows
Charitable Contribution Act
The Act makes several temporary changes to the charitable contribution rules. For the 2020 tax year, taxpayers are eligible to deduct up to $300 of cash contributions as an “above the line” deduction (meaning even non-itemizing taxpayers can claim this deduction). Additionally, for individuals who itemize, the 50 percent adjusted gross income limitation is waived for certain contributions. Also, this deduction is not allowed if made to a private foundation or to a donor advised fund. For corporations in 2020, once again excluding donations to a private foundation or donor advised fund, at the election of the corporation, the 10 percent taxable income limitation is increased to 25 percent for cash contributions. The Act also increases the limitation on deductions for contributions of food inventory from 15 to 25 percent of taxable income. Based on the legislation, the percentage change for food inventory applies to taxable years ending after December 31, 2019, which suggests it extends beyond 2020.