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New tax refund donation option

Chris Klug Foundation could benefit from new state income tax refund donation option

 

This year, Coloradans will have a chance to donate from their state income tax refund to a local nonprofit they trust like the Chris Klug Foundation.

Through the new Donate to a Colorado Nonprofit program, taxpayers can choose to support any eligible Colorado-registered charity with a simple designation on their state income tax return. Previously, taxpayers could choose only from one of 18 causes approved by the Colorado Legislature.

If you are due a Colorado income tax refund, taking action is simple:

  • Decide how much of your state income tax refund to donate (all or a portion of it).
  • Enter Chris Klug Foundation and our registration number 20163029807 in the Donate to a Colorado Nonprofit Fund line on your state tax return or tax software – or give this info to your tax preparer when you share your tax documents.

The Donate to a Colorado Nonprofit program, which takes effect starting this tax season, is being promoted through an educational campaign called ReFUND CO. More information is available at RefundWhatMatters.org.

In 2018, Colorado returned more than $1 billion in state income tax refunds averaging $563 apiece to over 1.9 million individual taxpayers, according to the most recent data available from the Colorado Department of Revenue. If taxpayers choose to donate just a portion of their refunds this tax season, the surge of support will give much-needed funding to community nonprofits like ours across Colorado.

Founded in 2003, The Chris Klug Foundation advocates for organ and tissue donation and inspires those touched by transplantation. The Foundation equips students with the facts of organ donation through their online curriculum, so they can make an educated decision when asked to register as an organ donor. Currently, there are 112,000+ men, women and children waiting for a lifesaving transplant. The Chris Klug Foundation hopes to eliminate the wait. Learn more about the foundation at www.chrisklugfoundation.org

The Chris Klug Foundation is a 501(c)3 dedicated to promoting lifesaving organ & tissue donation and improving the quality of life for those touched by donation.

Learn more about the foundation at www.chrisklugfoundation.org

 

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