Take the Credit for Culture!
The Cultural Trust is a statewide program designed to raise significant
new funds to invest into Oregon's arts, humanities and heritage.
In addition to the creation of a long-term, protected endowment,
funds will be distributed annually through competitive grants to
cultural organizations, grants to cultural coalitions in Oregon
counties and within federally recognized tribes, and grants to statewide
cultural agencies. Oregonians who contribute to the Cultural Trust
are eligible for an innovative tax credit.
Donors to the Cultural Trust are eligible for a 100% tax credit
for contributions of up to $500 for individuals ($1,000 for couples
filing jointly) and $2,500 for corporations, because one of the
Cultural Trust's goals is to motivate Oregonians to increase direct
giving to cultural groups, in order to qualify for the credit, a
donor must have also made matching gifts to one or more cultural
nonprofits in Oregon during the same tax year.
Here's a link to the Oregon
Cultural Trust website.
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