Whatever cause is important to you, this new tax refund donation program is an opportunity to directly support a local nonprofit that is doing important work in your community and that you know and trust.
In 2019, Colorado returned more than $1 billion in refunds to 1.9 million state taxpayers. In 2020, Coloradans who receive a state tax refund will have a chance to donate all or some of it to a local nonprofit they trust.
Imagine if state taxpayers chose to donate just a portion of their refunds; this outpouring of support would boost local community causes across Colorado and make a massive positive impact on our state.
YOUR CHOICE. YOUR CAUSE. WHAT MATTERS TO YOU?
This new state program, called ReFUND CO, will give you an opportunity to directly support a local nonprofit that is doing important work in your community. If you get a refund, it puts you in control of deciding if you want to donate some or all of it and choosing exactly which Colorado-registered charity will directly benefit.
For eligible organizations, this provides a new way to fund important work in the community.
IS MY NONPROFIT ELIGIBLE?
To participate, an organization must be a 501(c)(3), registered under the Colorado Charitable Solicitations Act (CCSA) for at least five years and in good standing as of September 1.
WHAT MATTERS TO CO?
Tax season may not be a favorite time of the year but ReFUND CO provides a chance to turn your focus at least for a moment on what matters to you and feel good about supporting a worthy nonprofit in your community.
As we get closer to the 2020 tax season, we will unveil more information about ReFUND CO and how it works, as well as, a nonprofit toolkit.
Sign up to receive updates and news about ReFUND CO and to stay informed about what matters to the campaign HERE.