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CARES Act provisions making giving easier

Charities in Door County are starting to see an impact from a few provisions inserted into the CARES Act earlier this year. In the package that provided trillions of dollars for coronavirus-related aid, it included a charitable deduction for up to $300 for individual taxpayers that does not need to be itemized. The CARES Act also increased the cash limits an individual can make from 60 percent of their adjusted gross income to 100 percent and corporations from 10 percent to 25 percent. Door County Community Foundation President and CEO Bret Bicoy says it has encouraged donors to be even more generous.

Bicoy expects it to be a rough winter not just for families and individuals in need of support but also the charities that provide it. Bicoy advises charities to be honest about their situation and remind donors of the important work they do. The United Way of Door County and Go Bo! Foundation are two examples of charities that have had to switch their popular fundraisers this fall to virtual events to support their efforts.

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