FAQ / Giving

Giving

Are donations to the Drake Rayden Foundation tax-deductible?

Yes. Because the Drake Rayden Foundation is a 501(c)(3) nonprofit (EIN 82-2383660), donations are generally tax-deductible to the extent allowed by law. Keep your receipt, and ask a tax advisor about your situation.

Gifts to the Drake Rayden Foundation are generally tax-deductible for donors who itemize, to the extent allowed by law, because the foundation is a 501(c)(3) public charity. Its EIN is 82-2383660.

Keep good records. The IRS requires a bank record or written acknowledgment for any cash gift, and a written acknowledgment from the charity for any single gift of $250 or more. If you give through GoFundMe, PayPal, Venmo, or an employer or third-party program, save the receipt that platform provides. Those platforms record the date your gift left your account, which may be earlier than the date the foundation receives it.

If you need a giving statement or acknowledgment letter, email [email protected]. The foundation can't give tax advice, so please check with your tax professional about how a gift fits your situation.

Every dollar, deductible or not, goes toward getting Drake and Vivian to their trial. See all the ways to give, including checks, which avoid online processing fees.

Sources: IRS Publication 526: Charitable Contributions · IRS Tax Exempt Organization Search

Give

Cover an inch of the trial

Every $1,000 covers one inch of the trial. $252,210 to go.

Give on GoFundMe

Share

Share this answer

One post can reach the person who covers the rest. It costs nothing and takes ten seconds.

More ways to share

Related questions

All 50 questions

GiveShare