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IRS Deductibility Code
DEDUCTIBILITY CODE
Understanding Donations
In general, an individual who itemizes deductions may deduct contributions to most charitable organizations up to 50% (60% for cash contributions) % of his or her adjusted gross income computed without regard to net operating loss carrybacks. Individuals generally may deduct charitable contributions to other organizations up to 30% of their adjusted gross income (computed without regard to net operating loss carrybacks). These limitations (and organizational status) are indicated as follows:
Code
Type of organization and use of contribution.
Deductibility Limitation
(PLI) PC A public charity.50% (60% for cash contributions)
About Us
FUNDING
GOVERNANCE
GOVERNANCE
Since its founding in 2008, PLI has been self-funded by its founder and E-Vision Project Development.
GOVERNANCE
GOVERNANCE
GOVERNANCE
The board leadership has always comprised of entrepreneurs and community leaders with a result-oriented approach.
RESULTS
GOVERNANCE
RESULTS
PLI has produced amazing new future entrepreneurs with key training to become successful. Our program has produced over 12 new start-ups.
Special Thanks for Your Contributions
