Thanks to our efforts to provide barrier-free music education programs for youth in rural and tribal communities, Oracle Piano Society is now certified by the state of Arizona to receive tax credit donations as a Qualifying Charitable Organization!
If you have not already filed your taxes, there is still time to claim a dollar-for-dollar credit on your 2023 return if you donate to Oracle Piano Society by April 15, 2024.
To claim your tax credit, fill out Form 321 with your AZ tax filings. Our Arizona QCO Code is 22716. Ask your tax advisor for more information.
The maximum QCO credit donation amount for 2024:
$470 single, married filing separate or head of household; $938 married filing joint.
The maximum QCO credit donation amount for 2023:
$421 single, married filing separate or head of household; $841 married filing joint.
Please Note: Arizona law allows QCO donations made during 2023 or donations made from January 1, 2024 through April 15, 2024 to be claimed on the 2023 Arizona income tax return. The maximum credit that can be claimed on the 2023 Arizona return for donations made to QCO's is $421 for single, married filing separate or head of household taxpayers, and $841 for married filing joint taxpayers. If a taxpayer makes a QCO donation from January 1, 2024 through April 15, 2024 and wants to claim the higher 2024 maximum credit amount, the taxpayer will need to claim the credit on the 2024 Arizona return filed in 2025.
MAKE AN ONLINE TAX CREDIT DONATION HERE
or send a check to:
Oracle Piano Society
P.O. Box 24627 Tempe, AZ 85285
Donations can also be made by phone or email.
Phone: 623-295-9677
Email: cook@oraclepianosociety.org
Mail:
Oracle Piano Society
PO Box 24627
Tempe, AZ 85285
IRA Contribution
You can make a qualified charitable distribution (QCD) to Oracle Piano Society to satisfy your required minimum distribution. Please consult your tax advisor for specifics.
Oracle Piano Society Tax ID: 45-5577678
Include us in your Will
With as little as one sentence, you can make a gift in your will or trust to support Oracle Piano Society. Whether you choose to give a set amount or a percentage of your estate, your support ensures that we may continue our important mission indefinitely.
If you have more questions about adding Oracle Piano Society to your will, please contact:
opinsky@oraclepianosociety.org
Beneficiary Designations
Naming the Oracle Piano Society as a beneficiary of one of your assets, such as your retirement plan or life insurance policy, is a convenient way to support our mission. All it takes is a few minutes and a simple form provided by your financial institution.
Gift of Stocks
Gifts of stock are tax deductible to the fullest extent provided by law. Stock gifts may allow the recommending donor to give without being subject to the capital gains tax. We recommend you consult with a tax professional if you wish to learn more about the tax benefits of this type of gift.
If you choose to gift a stock to Oracle Piano Society, please contact cook@oraclepianosociety.org for our account number so you can make a direct account transfer from your account to ours.