Methods of Giving
Those contributing by check will potentially enjoy three significant tax benefits. They are: state tax credits, federal charitable contribution deduction, and state charitable contribution deduction.
Tax Benefit Discussion
Any individual, family or business entity paying taxes in Oklahoma is eligible to contribute to CSF and receive tax credits. All donors making a single year donation are eligible for Oklahoma tax credits of 50% of the allowable donation amount. All donors committing to give at least the same amount for two years are eligible for Oklahoma tax credits of 75% of the allowable donation amount. The amount of tax credits may not exceed $1,000 for individual filers, $2,000 for those filing jointly, and $100,000 for eligible business entities.