Private Foundation Donation
Up to 30% of AGI
Can You Write Off Private Foundation Donation?
Short answer: Private Foundation Donation — Charitable Contributions
Contribution to private foundation (lower limit than public charity).
Records to keep: Keep receipts and document business use. Deductible if ordinary and necessary for your trade or business.
BW-EXP-04111
low risk
Private Foundation Donation
Up to 30% of AGI
All Industries
Other Expenses
Charitable Contributions
Private Foundation Donation — Charitable Contributions
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
Contribution to private foundation (lower limit than public charity).
Category
- Charitable Contributions
charitable contributions
charitable
private foundation donation