The Coronavirus Aid, Relief and Economic Security (CARES) Act allows taxpayers to deduct up to $300 in charitable donations from their taxable income. The rule will apply only to charitable contributions made in 2020 to claim on their tax forms next year.
Please give now to take advantage of the potential tax benefits granted by the current Federal CARES Act. While your tax advisor can explain the many facets, two provisions include:
- The ability for all taxpayers to take a charitable deduction of up to $300 - even if you do not itemize!
- For those who do itemize their deductions, the new law allows for cash contributions to qualified charities like The Marina Foundation to be deducted up to 100% of your adjusted gross income for the 2020 calendar year!
Why donate to The Marina Foundation?
The Marina Foundation is an all volunteer organization.
Donations will stay in Marina and will be used for Marina programs.
The focus of The Marina Foundation is to benefit youth, teen, senior, and community programs.
There are multiple options for you to make a donation to The Marina Foundation. You can write and mail a check, made payable to The Marina Foundation, P.O. Box 324, Marina, CA 93933 or donate on-line (see column on the right). By donating online you will also have the option to make automatic monthly payments to your favorite program.
You can also donate appreciable assets such as individual stocks or mutual funds, even real estate. Please call Steve Emerson at First Pacific Financial Services (831-717-4116). Steve will explain the process and work with you or your broker to facilitate the donation.
Current programs are included on the website. You also have the option to write in a program if it is not listed. Download a Donation Form HERE. We thank you in advance for any support you can provide The Marina Foundation for the benefit of our Marina community.
The Marina Foundation is a Non-Profit 501(c)3 Public Charity.
All donations to the Foundation are tax deductible.
Donations can be made to:
General Fund - At Discretion of Board - As the Need Arises
Don Livermore Scholarship for Marina High School
Captain Gordon R. Nakagawa Scholarship For Marina High School
Jack Stewart College Scholarship Fund
Timothy C. Wheelis Memorial Scholarship For Marina High School
Roger Williams Memorial Fund
Gordon Nakagawa Memorial Fund
Educational Programs for Marina Students
Marina High School Scholar Resource Center
Seniors Emergency Fund
Marina Emergency Fund
Dr. Martin Luther King, Jr. Sculpture Project
Marina Historical Project
Christmas Tree Lighting Ceremony
After School Nutrition Program
The Breakfast Program