What does goodwill do with donated money

In Anglophone culture it is common practice to make donations to voluntary associations. Originating in the United States, Goodwill Italia aims to spread the culture of donation and volunteering in Italy. In anticipation of laws that will allow donations to be written off completely from taxes, Goodwill explains the current legal situation:

TAX ADVANTAGES FOR DONATIONS TO ONLUS ASSOCIATIONS.

Goodwill Italia is an ONLUS (non-profitable association with voluntary purpose), which is recognized by the Italian state.

In the annual tax return, natural persons and legal entities can write off these donations from their income tax. Up to 10% of the declared income up to a maximum of 70,000 euros per year (Art. 14 of Law 80 of 14/05/2005).

Otherwise, an older legal basis also applies:

  • For private individuals: Possibility to deduct 19% of the donation from the IRPEF (income tax), up to a maximum amount of 2,065.83 euros (Art. 15-bis of Presidential Decree 917/1986)
  • For companies: Possibility to deduct the donations made in the amount of a maximum of 2% of the sales tax (Art 100, Paragraph 2, of Presidential Decree 917/1986).

Donating is morally and economically beneficial. Goodwill will use the donated money and goods to support projects whose aim is to raise awareness in society and to bring these issues closer to it.

5 per mille from the wage tax

Contents of the 5 per mille donation: Help our projects for people with disabilities and disadvantaged people! We help people improve their quality of life through work and related services !!!

Donate 5 per thousand of Goodwill Italia Onlus, tax number: 97212420588

How does the 5 per mille donation work?

It is possible to donate 5 per thousand of income tax (i.e. 0.5% of the tax that is paid on income) as a contribution to voluntary associations. This decision was taken by the Italian Government by the Prime Minister's Decree of January 20, 2006 and published in the Official Gazette of the Republic n. 22 of January 27, 2006 in order to encourage the support of these associations. This regulation has retroactive effect on the income year 2005.

Will I pay more taxes if I donate 5 per thousand?

No, the taxpayer will pay his income tax with no additional payments. The government directs part of the taxes (exactly 5 per thousand of it) to the selected associations that serve the common good.

Which clubs receive 5 per mille?

These are the voluntary associations, foundations, scientific research institutions, universities and communities. Goodwill Italia is a voluntary association that is registered with the revenue agency and can therefore be used as a recipient of the 5 per mille.

What do I have to do with some people in order to give 5 per thousand to a certain club?

It is necessary to sign one of the fields that appear on the first page of the tax return (CUD model, 730/1-bis model or Modello Unico) and write down the tax number of the association to which you want to donate. In order to support the projects of Goodwill Italia Onlus for people with disabilities, it is necessary to sign the first field at the bottom left on the first page of the tax return (in favor of charitable associations) and to indicate this tax number: 97212420588. Example of filling in the 730- Model

Can I donate 5 per thousand to several charitable and voluntary associations?

No, the 5-Primille donation can only be made to one association.

If I choose 5 per mille, can I also donate 8 per mille to the church?

Yes, you can make both donations at the same time without the taxpayer having to pay more.

Donate money:

Process for natural persons Link:

The realization of the projects of Goodwill Italia Onlus depends on the financial support we receive and the scope of which is directly related to the size of these funds. Even a minimal donation can help us to realize our projects for the benefit of people with disabilities, disadvantaged young people and adults in emergency situations (hospitals, prisons).

Help us to raise awareness in society! Furthermore, everyone who pays a minimum of 10 euros receives a gift from the association: The Goodwill polo shirt (link picture) and has the opportunity to put his name and / or his name on the list of donors (link donor) . Bank details: Beneficiary: GOODWILL ITALIA Onlus Banca di Credito Cooperativo di Roma - Agenzia 16 - Via Andrea Meldola, 82/90 - 00143 Roma IBAN: IT 11 B 08327 03207 00000 00099 80

Process for corporations link:

The realization of the projects of Goodwill Italia Onlus depends on the financial support we receive and the scope of which is directly related to the size of these funds. Even a minimal donation can help us to realize our projects for the benefit of people with disabilities, disadvantaged young people and adults in emergency situations (hospitals, prisons). Help us to raise awareness in society! Those organizations that want to help Goodwill Italia Onlus with a donation or support a Goodwill project will receive the prestigious Power of Work Award and will be entered on the partner's website! Bank details: Beneficiary: GOODWILL ITALIA Onlus Banca di Credito Cooperativo di Roma - Agenzia 16 - Via Andrea Meldola, 82/90 - 00143 Roma IBAN: IT 11 B 08327 03207 00000 00099 80

The realization of the projects of Goodwill Italia Onlus depends on the financial support we receive and the scope of which is directly related to the size of these funds. Even a minimal donation can help us to realize our projects for the benefit of people with disabilities, disadvantaged young people and adults in emergency situations (hospitals, prisons).

Help us to raise awareness in society!

Those entities that want to help Goodwill Italia Onlus with the donation of a property or support the realization of a project by making their headquarters available will receive the prestigious Power of Work Award and will be entered on the partner's website. The donation will appear on the website and will be immortalized on the estate with an inscription.

Bank details:

Beneficiary: GOODWILL ITALIA Onlus Banca di Credito Cooperativo di Roma - Agenzia 16 - Via Andrea Meldola, 82/90 - 00143 Roma IBAN: IT 11 B 08327 03207 00000 00099 80