If you would like to make a financial contribution to JTB by mail, please mail your contribution to:
Just The Beginning – A Pipeline Organization
70 West Madison Street
Chicago, IL 60602
Did you know that the CARES Act has changed charitable deduction allowances? Individuals are allowed increased deductions for 2020 charitable contributions. Individual taxpayers who do not itemize their deductions are allowed a $300 above-the-line deduction. For those who itemize, the AGI limitation for deductions of cash contributions is increased to 100% of 2020 adjusted gross income (up from the normal 60%). The new provisions only apply to cash contributions and are not applicable for donations to donor advised funds, private non-operating foundations and supporting organizations. Note also individuals subject to the required minimum distribution requirements for IRAs and other qualified plans are not required to take an RMD for 2020.
Tax Information: Just The Beginning – A Pipeline Organization reports to the Internal Revenue Service using form 990 under the tax identification number 36-3903197. JTB-APO is a 501(c)(3) tax-exempt corporation (JTB-APO’s 501(c)(3) determination letter). All donations to JTB-APO are tax-deductible as allowed by law.