FALL 2017 6 | FRONTDOORSMEDIA .COM 2017-18 Tax Credit Directory UMBRELLA ORGANIZATIONS Some charities under the Arizona Qualified Charity Tax Credit have a slightly different designation as “umbrella organizations.” They are eligible for contributions of $400 per person and $800 per couple as well, but are listed differently on the State of Arizona’s web site. For example, Executive Council Charities, Valley of the Sun United Way and other United Way organizations across the state are considered “umbrella organizations” because they may receive tax credit contributions and distribute them to other nonprofit partners in the community. Locally, Valley of the Sun United Way’s Help The Working Poor Fund is the organization’s tax credit mechanism. United Way uses contributions to fund its own efforts to fight poverty in the community as well as sharing resources with other organizations dealing with homelessness, hunger and other related issues. Executive Council Charities sponsors the Support Arizona Youth program, where they receive tax credit contributions on behalf of qualified charities and match the contributions to increase their impact.
Q: HOW TO MAXIMIZE THE TAX CREDIT OPPORTUNITY? A: GIVE TO ALL 4 CATEGORIES! 2017-18 Tax Credit Directory Mr. & Mrs. Smith owed $2,000 on their taxes, donated the maximum combined amount to all tax credits of $4,383 on their Arizona Tax Returns and will now receive a refund of $2,383. No catch, dollar for dollar assistance to your favorite organizations and schools. Deadline is April 17, 2018, Tax Day, to make these contributions and submit your forms to get your Tax Credit when you file. Arizona Qualified Charity Tax Credit / $400 per Individual or $800 per Couple Example - Mr. & Mrs. Smith give $800 to one organization or give $200 to 4 Qualified Organizations Foster Care Tax Credit / $500 per Individual or $1,000 per Couple Example - Mr. & Mrs. Smith give $500 to 2 Qualified Foster Care organizations or give $1,000 to one organization Public Schools Tax Credit / $200 per person or $400 per couple Private School Tuition Organizations / $1,089 per person or $2,177 per couple 1 2 3 4


