Making a Donation
The Westmoreland Land Trust (WLT) is a 501(c)(3) nonprofit charitable organization and donations to it are tax-deductible (ID #77-0710733).
The WLT can accept a variety of gifts, including cash donations, gifts of land, and bequests, and givers can get the personal benefit of claiming those gifts as deductible items on their taxes, in addition to the larger benefit of knowing that they are doing something important and long-lasting for our community.
A possibility for those receiving required minimum distributions is to make a tax-free donation directly from your IRA account.
You may also wish to consider a gift of securities or discuss possibilities for planned giving.
Donation of land is one of the finest legacies you can leave to future generations.
The WLT is a designated Educational Improvement Organization under the PA Education Incentive Tax Credit (EITC) program. Businesses (including pass-through entities such as S-corporations, partnerships, and LLCs) may significantly reduce their PA tax burden with a gift to support WLT nature-based educational workshops under this program. Application is simple, but because demand for these credits exceeds their supply it is beneficial to apply as soon as the application period opens. From the EITC website:
Businesses authorized to do business in Pennsylvania who are subject to one or more of the following taxes:
- Personal Income Tax
- Capital Stock/Foreign Franchise Tax
- Corporate Net Income Tax
- Bank Shares Tax
- Title Insurance & Trust Company Shares Tax
- Insurance Premium Tax (excluding surplus lines, unauthorized, domestic/foreign marine)
- Mutual Thrift Tax
- Malt Beverage Tax
- Retaliatory Fees under section 212 of the Insurance Company Law of 1921
Tax credits equal to 75 percent of its contribution up to a maximum of $750,000 per taxable year. Can be increased to 90 percent of the contribution, if business agrees to provide same amount for two consecutive tax years.
Contact us for more information about making a donation or donate online or mail your donation to Westmoreland Land Trust / 218 Donohoe Road / Greensburg PA / 15601 today!