CARES Act implications for nonprofits through the end of 2020. The CARES Act impacts giving incentives for 2020 for individuals and corporations. Is your nonprofit marketing and communicating about these incentives? Read more here. 

“Increases the cap on how much corporations may deduct for charitable gifts from 10 percent of taxable income to 25 percent. In addition, the limitation on deductions for food donations by corporations increases from 15 percent to 25 percent in 2020.”