WACAI and the Oregon Cultural Tax Credit
Did you know that WACAI is one of Oregon's 1,400 qualified cultural nonprofits whose donors are eligible for the Oregon Cultural Tax Credit?
Yes, we are and what that means for you is that you can DOUBLE your cultural donation for FREE! Here's how it works. Donors who contribute to WACAI and then make a matching donation to the Oregon Cultural Trust can receive a 100% state tax credit for the Cultural Trust donation.
2. Donate same amount to the Oregon Cultural Trust
3.Take that same amount off of your state taxes
Your donation to the Trust comes back to you as a tax credit, individuals up to $500, couples up to $1,000, and Class C Corporations up to $2,500. A state tax credit is an amount of money taken off the top of your final tax bill.
Your donation to OCT is dispersed over all 98,000 square miles of Oregon to help keep old and new cultural opportunities available for all Oregonians. Part of your donation goes into the permanent fund that provides interest for the trust to disperse as part of its annual granting.
Part of your donation goes into the Permanent Fund that provides interest for the trust to disperse as part of its annual granting.
You can make a donation with stock rather than cash legacy gifts are also gladly accepted.
No other state in the Union has this incredible benefit. Since this matching program is unique to the state of Oregon don't you think you should take advantage of it? Donate today!