Donations in kind
Donations in the form of contributions in goods by benefactors.
What are donations in kind?
In-kind donations are those in which instead of contributing money, the benefactor makes a contribution in goods. Most of the time, these are valuable goods that the donor already knows he will not use or enjoy, and considers that they will be more useful if they support a noble cause. The assets will receive a professional appraisal and, once auctioned, the money received from them as vocation support is tax-deductible.Ā
What can I donate?
Examples of in-kind donations received.
Donate
watches
Donate
jewelry
Donate
tables
Donate
works of art
How should I proceed?
CARF guarantees a safe and professional procedure for the treatment of your donated species and goods.
| 1. We withdraw your donation A specially designated person will pick up the donation at your address. |
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| 2. The best appraisal A prestigious institution such as Monte de Piedad CaixaBank will provide an official appraisal of the property. |
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| 3. Public auction The sale will be handled by one of Spain's leading auction houses. |
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| 4. Destination of funds The funds raised will be used for the foundation's purposes. |
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What are the funds from in-kind donations used for?
The proceeds from the sale of goods will be used for a transcendent investment. This will contribute to the integral formation of priests and seminarians around the world. It is a commitment to think that behind every priestly vocation, there is another call from the Lord to each of us Christians, asking for a personal effort to ensure the means for formation.
Can I get tax benefits with my donation?
Your donation in kind is rewarded. The objective of the Law of Patronage is to encourage private efforts in activities of general interest in a direct and effective way, and therefore establishes incentives for donors. As soon as we have an official appraisal from Monte de Piedad CaixaBank, we will be able to issue the corresponding certificate that will allow you to obtain the benefits.
From here you can access the document that analyzes the tax regime for donations, donations in kind and contributions made in favor of foundations to which the Royal Decree-Law 17/2020, of May 5 published in the BOE of May 6, 2020, which includes an amendment to Article 19 of Law 49/2002, is applicable.
| Tax Benefits for Individuals (Personal Income Tax) | |
|---|---|
| First ā¬150 | Deduction of the 80 % |
| Rest | Deduction of the 35 % |
| Recurring donations | Deduction of the 40 % |
| Limit on taxable income deduction | Deduction of the 10 % |
| Corporate Tax Benefits (IS) | |
|---|---|
| Donations in general | Deduction of the 35 % |
| Recurring donations | Deduction of the 40 % |
| Limit on taxable income deduction | Deduction of the 10 % |
Priests, God's smile on Earth
Put a face to your donation. Help us form diocesan and religious priests.