Additional tax benefit!

Posted in Uncategorized by epdavee on October 24, 2008

The Oregon Cultural Trust:

Film Action Oregon, the fiscal sponsor of “Story of Hurt”, is listed as a qualifying nonprofit with the Oregon Cultural Trust. Because of this, making a donation to “Story of Hurt” through Film Action Oregon allows you to make a matching gift to the Oregon Cultural Trust. 100% of that gift then counts as a tax credit on your Oregon taxes.

Additionally, you may claim both your contribution to Story of Hurt and your matching gift to the Oregon Cultural Trust as tax deductions on your federal tax form. The only catch to this is that, if you decide to claim both deductions and the tax credit; you must add the gift amount to your taxable income on your Oregon state tax form.

Gifts to the Oregon Cultural Trust support Cultural grants for Native American Tribes, funds for the five largest Oregon Cultural organizations (listed on their website), and additional grants for other cultural organizations across the state.

When you take advantage of the Oregon Cultural Trust tax credit you are communicating that you want your tax dollars to support culture throughout Oregon and the money goes directly towards this purpose. Using the cultural tax credit is a vote to support Oregon’s arts, heritage and humanities.

To take advantage of this opportunity for your 2008 taxes, you must make your matching contribution by Dec. 31st. For more information, please visit www.culturaltrust.org.