Giving

You can choose to support a specific initiative or trust IE Foundation to allocate your contribution where it creates the greatest impact.

There are tax advantages for both Spanish residents and non-residents, as well as legal entities, who pay income or corporate tax in Spain when they donate to non-profit organizations. 

As a Spain-based entity, IE Foundation is governed by the Ley de Fundaciones 50/2022 and Ley de Incentivos Fiscales al Mecenazgo 49/2002, which regulates Spanish foundations and as such contemplates fiscal benefits for both individual donors and legal entities or companies registered in Spain.

• Individuals (Personal Income Tax / IRPF) may deduct 80% of their full donation for contributions of up to 250 eur; from that amount onwards, the deduction is 40% of the gift amount. For recurring donations for at least three consecutive years (same gift amount or more), the tax deduction percentage increases to 45% (with a limit of 10% of the taxable income).
   
• Legal entities may deduct 40% of the full donation amount for corporate tax purposes. For recurring donations for at least three consecutive years (same gift amount or more), the deduction is 50% (with a limit of 10% of the taxable income).

US taxpayers who want to donate to IE Foundation can do so while receiving fiscal benefits by donating through the IE US Fund, a US based 501(c) 3 charity. 

Additionally, IE Foundation has a partnership with Giving Europe , a network of foundations in 19 European countries that enable charitable donations to be made internationally, granting fiscal benefits in the donor’s country or fiscal residence, and ensuring that the procedure has been cleared with the fiscal authorities in all relevant jurisdictions.