Donor Tax Information
Maynard Community Chest, Inc., is a nonprofit organization incorporated and identified by the IRS as a 501(c)(3) organization under the category of public charity. Donations to Maynard Community Chest, Inc., are fully tax-deductible to the amount allowed by law.
To claim a deduction, you will need to fill out a 1040 Form, which is available through the IRS website (http://www.irs.gov/), and itemize your deductions on Schedule A. If you fill out the short form or take standard deductions, you cannot claim your contributions.
Maynard Community Chest will acknowledge all contributions with a written communication showing the name of our organization, the date and the amount of your contribution (required as record- or a bank record- by The Pension Protection Act of 2006). The IRS will acknowledge an e-mail receipt as an acceptable record of contribution.
Corporations may deduct all contributions to 501(c)(3) organizations up to an amount normally equal to 10% of their taxable income.