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Since it's nonprofit, are donations 501c3 deductible? I am on the council of a conservation foundation based in Costa Rica. We want to make it easy for US based
by smallerfish 2y ago
Since it's nonprofit, are donations 501c3 deductible? I am on the council of a conservation foundation based in Costa Rica. We want to make it easy for US based philanthropists to donate and receive some tax benefits from the donation.
There is an organization named Amigos of Costa Rica [1] which is set up for this purpose, but they have somewhat steep fees on top of the payment processor's, and they only reconcile the balance on a weekly basis, through wire xfers, which is not ideal.
[1 - https://www.amigosofcostarica.org/ https://www.amigosofcostarica.org/]
- juunpp 2y agoIt is French, so not specifically 501c3. https://en.liberapay.com/about/legal https://en.liberapay.com/about/legal
- rchaud 2y agoDonations to Liberapay itself could be considered tax deductible if they are domiciled in the same tax region as you. Liberapay is the nonprofit, not the parties it transmits funds to.