You give to NOLS because you believe in the school’s mission, but there are benefits for you in charitable giving, too. Read on to see which type of gift best fits your situation. Please contact us if you want more detailed information. In all cases, we urge you to consult your legal and financial advisors.
An outright gift of cash is the simplest and most common way to donate to NOLS. Since NOLS is a nonprofit, you can deduct the entire gift amount from your yearly income taxes, up to 50 percent of your adjusted gross income. Any amount over the limit can be carried over to future years—up to five additional years. Your actual tax savings depend on your income tax rate; the higher your tax rate, the greater the savings. State income taxes can further magnify the savings.
You can make a cash donation to NOLS with a check, through an automatic cash transfer, or with a credit card or PayPal. By donating your gift unrestricted, it allows NOLS the greatest flexibility to address current priorities.