
The Jean-Dion Challenge will triple every dollar donated through May 15, 2020.
AUBURN, Maine — Saint Dominic Academy is pleased to announce the 2020 Jean-Dion Match Challenge to provide tuition assistance to families. From now through May 15 Ray ’60 and Louise ’61 Jean and Don Dion ’72 will triple every dollar donated up to $100,000. Donate today to help families keep their children in Catholic school.
The coronavirus pandemic has brought complications for many in the Saint Doms community. Monetary loss, including lost wages, have resulted in concerns about students’ ability to pay tuition. With major fundraising events canceled, these concerns are heightened. The money raised through the Challenge will help parents pay for this year’s tuition and help secure future tuition assistance needs.
This difficult time is also a unique one for donors looking to maximize tax benefits. On March 27, 2020 the Coronavirus Aid, Relief and Economic Security Act (CARES Act) was signed into law. The act INCREASES the deductible amount for “qualified contributions” in two ways:
- The law allows all taxpayers who elect the standard deduction to deduct total charitable cash contributions of up to $300 on your 2020 federal tax return.
- The law lifts the existing cap on annual contributions for those who itemize from 60% to 100% of adjusted gross income.
Individuals interested in participating in this unique fundraising opportunity can learn more and donate through the Jean-Dion Match website here. The school has also released a video message about the challenge.
###
Contact:
Donald Dion
[email protected]
(413) 281-8341