#TogetherInSong Update: $10,000 Matching Gift!
Thanks to the tremendous generosity of Peggy and Alan Spool, the impact of your gift will be greater than ever through a dollar-for-dollar matching grant!
Their generosity extends to all donations given during #TogetherInSong (May 5-16). Please consider showing your support with a tax-deductible donation (see below for more info).
As soon as COVID-19 hit our community, Vivace’s staff started developing ways to connect in this new reality. We’ve been rolling out many new experiences for our singers—online rehearsals being one. We’ve also created Radio Hour and QuaranTeen Cabaret—both unique digital recitals where we’re creating space for singers to share and connect.
During #TogetherInSong, we're asking you to help us reach our goal with a gift of any amount. Every gift given through May 16 will be matched dollar-for-dollar by the Spools.
A Cappella Ensemble sings “Afrika”
by David Paich & Jeff Porcaro, arranged by Alex Morris
High Level Information about Tax Deductions for 2020 from Fidelity Charitable
Are you itemizing deductions?
The adjusted gross income (AGI) limit for cash contributions was increased for individual donors. For cash contributions made in 2020, you can now elect to deduct up to 100 percent of your AGI (increased from 60 percent).
Interested in corporate giving?
The AGI limit for cash contributions was also increased for corporate donors. Corporations can now deduct up to 25 percent of taxable income (increased from 10 percent).
Not itemizing?
The CARES Act allows for an additional, “above-the-line” deduction for charitable gifts made in cash of up to $300 ($600 for a married couple). If you are not itemizing on your 2020 taxes, you can claim this new deduction.
Wondering about your Giving Accounts?
Both of these new incentives apply only to cash contributions to public charities and do not apply to contributions to supporting organizations or public charities that sponsor donor-advised funds. However, there have been no changes to existing deductions for contributions made into a donor-advised fund.