NEXT DOORS {ahead of the curve}
Tax Credit Contributions Becoming the
FUEL OF THE NONPROFIT COMMUNITY Tom Evans | Contributing Editor
Arizona’s nonprofits are becoming increasingly fueled by Arizona’s tax credit contributions. And despite changes on the federal level, these tax credits appear to be here to stay.
• Arizona Qualifying Charitable Organizations, a catch-all for a broad swath of nonprofits. Limits are $400 for individuals and $800 for married couples.
First, for the uninitiated — the state of Arizona offers an opportunity to receive a dollar-for-dollar credit on your state income taxes when you donate to qualified organizations in five categories:
• Qualifying Foster Care Organizations, with limits of $500 for individuals and $1,000 for married couples.
30 FRONTDOORS MEDIA | NOVEMBER 2018
• Public School Tax Credit Organizations,