Tax-Deductible Statement

Tax-Deductible Statement

Important information about the tax-deductible status of your donations to Uncle Julie Foundation Inc.

1. Our Tax-Exempt Status

Uncle Julie Foundation Inc. is recognized by the Internal Revenue Service (IRS) as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. This means we are classified as a public charity, and eligible contributions made to us may be deductible for federal income tax purposes.

2. Tax Deductibility of Donations

Donations made to Uncle Julie Foundation Inc. are generally tax-deductible to the extent permitted by applicable federal and state law, subject to the following conditions:

  • The donation must be a voluntary contribution of money or property.
  • No goods or services are provided in exchange for the donation (or the value of any goods/services received has been properly disclosed).
  • The donor must itemize deductions on their federal tax return to claim the deduction.
  • Deductibility is limited to the donor’s applicable tax circumstances.

⚠️ Uncle Julie Foundation Inc. does not provide individualized tax advice. Please consult a qualified tax professional regarding the deductibility of your specific donation.

3. No Goods or Services Exchanged

In accordance with IRS requirements, Uncle Julie Foundation Inc. hereby states that:

No goods or services were provided in exchange for contributions made to Uncle Julie Foundation Inc.

This statement applies to all monetary donations made through our website, in person, or by mail, unless otherwise explicitly noted at the time of donation.

4. Donation Receipts

For donations of $250 or more, the IRS requires a written acknowledgment from the nonprofit to claim a charitable deduction. Uncle Julie Foundation Inc. will:

  • Provide an automatic email receipt for all online donations.
  • Include the amount donated, the date of the donation, and confirmation that no goods or services were exchanged.
  • Issue formal written acknowledgment letters for donations of $250 or more upon request.

Please retain your donation receipt for your tax records.

5. IRS Good Faith Estimate

If, in any case, goods or services of more than minimal value are provided in connection with a donation, Uncle Julie Foundation Inc. will provide a good faith estimate of the fair market value of those goods or services, and the donor’s deduction will be limited to the amount of the contribution that exceeds the fair market value of items received.

6. State Tax Deductibility

While federal deductibility applies to qualifying donations, state tax deductibility varies by state. Please consult your state’s tax authority or a qualified tax advisor to determine whether your donation is deductible for state income tax purposes.

7. Organization Information

For your records and tax filings:

  • Organization Name: Uncle Julie Foundation Inc.
  • Organization Type: 501(c)(3) Public Charity
  • Location: Laurel, Maryland, United States
  • Tax-Exempt Status: IRS-recognized under IRC Section 501(c)(3)
  • Contact: [email protected]

8. Contact Us

If you need a donation receipt, a formal acknowledgment letter, or have questions about the tax treatment of your gift, please contact us.