CNDS needs your support to keep the high-level of excellence it has reached throughout its many activities: research, teaching and cultural projects. By stepping forth to contribute to our projects and activity, you are supporting the young generations who are the future of our society but also the more adult generations, who will then be able to coltivate a wonderful cultural discipline, which also benefits their psycho-physical well-being.
You can support CNDS in several ways
Donations
A financial contribution by way of donation made by an individual who expresses his/her decision to donate by writing a letter of intent. Upon receiving it, CND can formally accept it and proceed to drawing up a notarially attested act recording the transaction. This will not be necessary for small donations.
Legacy
A testament can include a legacy referred to specific items - movable or immovable assets - and either earmark the amount for CNDS or bind it to the fulfillment of a goal chosen by the testator.
Gift or inheritance
CNDS can be appointed sole heir in a testament. The inheritance can be without restrictions, which means CNDS is entitled to use it for its own institutional goals as it deems proper, or it could be made out as a special purpose asset, if the testator has previously identified a goal he/she wants to be fulfilled.
Foundations
A testator can demand CNDS to set up a foundation with its own legal personality and capital.
In compliance with such testamentary dispositions, CNDS will establish foundations and possibly set up scholarships.
Sponsorship
A sponsorship contract would associate the image of CNDS to that of its Sponsor (public or private third parties). Its goal would be the promotion of initiatives that either fall within CNDS institutional activity or are associated with cultural projects CNDS develops. A sponsor may grant an economic, technical or mixed sponsorship.
Tax benefits
Monetary donations to CNDS represent a tax-deductible expense according to the limit sets by law and provided they are made via credit cards, including pre-paid credit cards, bank transfers, banker’s orders or non-transferable cheques in the name of CNDS.
Natural Persons
Natural persons are entitled to total deductibility for income tax purposes independently from either the donator’s income or amount donated.
For donations made to support technological innovation, school and university buildings and expanding educational opportunities, a natural person can deduct the expense according to the limits set by law.
The Certification stating the tax deductibility of the amounts donated through the online “Dona ora” channel will be sent within 60 days from the end of the calendar year.
Relevant Legislation
Article 10, paragraph 1, letter l-quater, of the Testo Unico delle Imposte sui Redditi (Consolidated Text of the Law on Income Tax) DPR 917/1986;
Article 15 paragraph1, letter i-octies , of the Testo Unico delle Imposte sui Redditi (Consolidated Text of the Law on Income Tax) DPR 917/1986.
Legal Persons
For legal persons that are subject to corporate income tax (IRES), the amount to be deducted is based on the characteristics of the recipient entity’s donations and/or activity.
Funds transferred to Association or Universities by way of donations or contributions to fund research can be totally deducted by IRES paying entities.
Total deductibility is allowed, within 2% of the declared corporate income if the entity is a legal person pursuing exclusively goals related to education, learning, recreation, social and health assistance, religious or scientific research.
Total deductibility is allowed, within 2% of the declared corporate income, up to a maximum of euro 70,000.00 if the entity is a no profit school and donations are granted to support tehcnological innovation, school buildings and the widening of educational opportunities.
The Certification stating the tax deductibility of the amounts donated through the online “Dona ora” channel will be sent within 60 days from the end of the calendar year.
Relevant legislation
Article 1, paragraphs 353 e 354, law 266/2005;
Article 100 paragraph 2, letters a and letter o bis, of the Testo Unico delle Imposte sui Redditi (Consolidated Text of the Law on Income Tax) DPR 917/1986.
