The Great Orchestra of Christmas Charity

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The Foundation has the status of public benefit organization. What does it mean?On September 1, 2004 the WOŚP Foundation was entered into the central register of public benefit organizations.The fact of having the status of a public benefit organization imposes obligations in the field of financial reporting, so that anyone interested can receive information about ways of spending the donated money. Besides, it enables an organization to receive donations in the form of 1 percent of personal income tax.What else?The status of a public benefit organization has opened a few more possibilities for our donators:Legal persons may deduct the full amount of a donation which does not exceed 10% of their total income (The Legal Persons' Income Tax Act, article 18; Pol. Ustawa o podatku dochodowym osób prawnych).Natural persons may deduct the full amount of donation which does not exceed 6% of their total yearly income (The Natural Persons' Income Tax Act, article 26 section 5 clause 9; Pol. Ustawa o podatku dochodowym od osób fizycznych) by lowering their tax by 1 percent in their tax return (between January 1 and April 30). In other words, instead of paying this money to the state they can donate it to a public benefit organization.

Employees: 5
HQ: (647) 809-3366
Location: , ,
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