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| Would You Like to Make a Donation? |
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There are two ways to make a donation to Community Action Agency. Either way, your contribution will help Community Action Agency promote self-sufficiency in Jackson, Lenawee and Hillsdale Counties.
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- Direct donation to Community Action Agency
- Endowment Account Donation
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To make a direct donation to Community Action Agency, mail your donation to:
Community Action Agency
1214 Greenwood Ave.
Jackson, MI 49203
You may indicate which county (Jackson, Lenawee or Hillsdale) or a specfic program you would like your donation used toward. If you have specific questions, complete the form below and someone will contact you.
To make a donation to Community Action's Endowment Accounts, send your donation directly to one of the Foundations listed below. A donation to these charitable accounts by you or your business may provide you with a generous tax credit on your State taxes. For information about these tax credits click here.
The Jackson Community Foundation
1 Jackson Square, #110-A
Jackson, MI 49201
517-787-1321
The Lenawee Community Foundation
P.O. Box 142
Tecumseh, MI 49286
517-263-4696
The Hillsdale County Community Foundation
P.O. Box 276
Hillsdale, MI 49242
517-439-5101 |
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| If you would like more information before making your donation, please fill out the form below and someone will contact you. |
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Action Cat says,
Thanks for supporting
Community Action! |
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Michigan Community Foundation Tax Credit |
| About |
Did you know that when you or your business make a gift to one of the Community Foundation’s endowment funds, your contribution may be worth up to three times your out-of-pocket expense?
Thanks to the Michigan Community Foundation Tax Credit, you can multiply the effect of your charitable gift and receive a generous tax credit on your State taxes.
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| How Does It Work? |
The law permits a taxpayer to reduce their Michigan Income Tax or Single Business Tax liability by a credit of 50% of the amount contributed to a Community Foundation endowment fund, subject to a maximum credit of:
a. $100 for an individual filing singly (based on a $200 contribution)
b. $200 for a married couple filing jointly (based on a $400 contribution)
c. $5,000 or 10% of tax liability before claiming any credits, whichever is less, for a resident
estate or trust (based on a $10,000 contribution)
d. $5,000 or 5% of tax liability before claiming any credits, whichever is less, for taxpayers filing Michigan Single Business Tax returns (based on a $10,000 contribution) |
| Individuals |
Your $200 gift may only cost you $38*
Assuming a Federal Marginal Income Tax Rate of 31%, the actual cost of your $200 gift to a Community Foundation endowment fund could be as little as $38. Your savings would be $100 on your state taxes (50% of the gift), plus $62 on your federal taxes if you itemize. Your total savings would be $162; making the true cost of your gift only $38. |
| Married Couples |
Your $400 gift may only cost you $76*
Assuming a Federal Marginal Income Tax Rate of 31%, the actual cost of your $400 gift to a Community Foundation endowment fund could be as little as $76. Your savings would be $200 on your state taxes (50% of the gift), plus $124 on your federal taxes if you itemize. Your total savings would be $324; making the true cost of your gift only $76. |
| Busniess |
| Your $10,000 gift to Community Foundation endowment fund could be as little as $3,300 (assuming a projected State Income Tax liability of $100,000 and a Federal Marginal Income Tax rate of 34%). Your savings would be $5,000 on state taxes (50% of the gift) and $1,700 on your federal taxes. Your total savings would be $6,700 making the true cost of your gift only $3,300. |
| *Note |
| This information is intended for explanation purposes only. Actual tax-related savings might vary depending upon your income level and tax bracket. Your personal tax advisor can assist you with tax credit arrangements. Your gift to a Community Foundation will be acknowledged with a confirmation, which includes indication of tax credit eligibility to be used in the preparation of your State of Michigan Income Tax Return. |
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