The new CARES (Coronavirus Aid, Relief, and Economic Security) Act is designed to help you, businesses, and nonprofits facing economic hardship during the coronavirus pandemic.
One provision of the CARES Act that may affect you and your charitable goals is a new tax incentive that allows taxpayers who take the standard deduction to make up to $300 of charitable contributions to qualified charities this year. While this may seem like a small amount, collectively these gifts could make a huge impact to help the school through this difficult time.
For those who itemize their deductions, the new law allows for cash contributions to be deducted up to 100% of your adjusted gross income for the 2020 calendar year. The limitation on deductions for cash contributions by corporations has also been temporarily increased, from 10 percent of taxable income to 25 percent.
Every family should have the opportunity to send their children to PCS. Thanks to your gifts, we are able to provide financial aid to families who want their children to receive attention, love, and guidance from teachers who care about growing each student's spiritual character as well as their intellect. Your gift will impact a student’s mind, body, soul, and spirit.
Portland Christian Schools
12425 NE San Rafael Street
Portland, OR 97230
If you wish to make a gift of stock or real estate, make a gift in kind, or make an estate gift, please call 503-256-3960.
PCS is a registered non-profit organization under the IRS 501(c)3 requirement. Our taxpayer ID number is 93-0401248. We will send a receipt acknowledging your gift; it is advisable to keep this receipt for tax purposes.