Get the free H&R Block Foundation Matching Gift Program - hrblockfoundation

This form is used to facilitate the matching gift process for employees of H&R Block who wish to make charitable contributions to eligible educational organizations. It includes sections for both

How to fill out hr block foundation matching

How to fill out H&R Block Foundation Matching Gift Program

1. Visit the H&R Block Foundation website.
2. Locate the Matching Gift Program section.
3. Check if your employer is eligible for matching gifts.
4. Complete the online application form with your information.
5. Provide details about the charitable organization you wish to support.
6. Submit the application and retain a copy for your records.
7. Notify the charitable organization to ensure they receive the matching funds.

Who needs H&R Block Foundation Matching Gift Program?

1. Employees of H&R Block who wish to amplify their charitable donations.
2. Non-profit organizations seeking additional funding through employer matching.
3. Individuals who want to maximize their contributions to charitable causes.

People Also Ask about

What gifts are tax-deductible?

May I deduct gifts on my income tax return? Making a gift or leaving your estate to your heirs does not ordinarily affect your federal income tax. You cannot deduct the value of gifts you make (other than gifts that are deductible charitable contributions).

What does matching gift program mean?

Corporate matching gift programs offer several tax benefits for both the company and the employees who participate in them. Matching gifts are tax-deductible expenses and can be deducted from the company's taxable income. This can help reduce the amount of taxes the company has to pay to the government.

Are matching gifts tax deductible?

Go to the Charitable Donation topic under Adjustments and Deductions. Choose Add Donation. Enter the information about your donation(s). Choose Enter and Value Items to go to the DeductionPro tool.

Are employer matching contributions tax-deductible?

An employer is generally permitted to deduct profit-sharing or matching contributions made after the close of the tax year but before the due date of the employer's tax return, including extensions.

How do I set up a matching gift program?

Corporate matching gifts are a type of philanthropy in which companies financially match donations that their employees make to nonprofit organizations. When an employee makes a donation, they'll request a matching gift from their employer. The employer then makes their own donation to the nonprofit.

Are matching donations tax-deductible?

Since a matching gift is technically a donation, companies can deduct the matches they make from their reported income. Decreasing reported income means a company will not have to pay taxes on the donated money.

Is it worth claiming goodwill donations on taxes?

The IRS allows you to deduct fair market value for gently-used items. The quality of the item when new and its age must be considered. The IRS requires an item to be in good condition or better to take a deduction. Our donation value guide displays prices ranging from good to like-new.

For pdfFiller’s FAQs

What is H&R Block Foundation Matching Gift Program?

The H&R Block Foundation Matching Gift Program is a philanthropic initiative where the H&R Block Foundation matches employee donations to eligible nonprofits, thereby amplifying the impact of charitable contributions.

Who is required to file H&R Block Foundation Matching Gift Program?

Employees of H&R Block who wish to participate in the matching gift program by having their charitable contributions matched by the foundation are required to file the program.

How to fill out H&R Block Foundation Matching Gift Program?

To fill out the H&R Block Foundation Matching Gift Program, employees must complete a matching gift request form, providing necessary details such as the name of the nonprofit organization, the amount donated, and personal information for processing the match.

What is the purpose of H&R Block Foundation Matching Gift Program?

The purpose of the H&R Block Foundation Matching Gift Program is to encourage charitable giving among employees, support nonprofit organizations, and strengthen community engagement through matched contributions.

What information must be reported on H&R Block Foundation Matching Gift Program?

The information that must be reported includes the employee's name, the nonprofit organization's details, the amount donated, and proof of donation, such as a receipt or acknowledgment from the nonprofit.