The 23rd Annual Foundation of Treasures – Online Auction Will Continue



The past month has transformed our lives in ways that before seemed unimaginable. As each of us faces this rapidly changing situation, many in our professions, communities and our Commonwealth are struggling. Funds raised each year by the Foundation support programs that increase the public’s understanding of the law and promote equal access to justice. While these funds are vital to the Foundation, so is the wellbeing of our members.

With the cancellation of this year’s Annual Meeting, the Foundation has decided to continue with its annual auction via the online software we had planned to launch this year. This allows those who can support the Foundation to engage in a fun activity in a socially distant manner. While we understand that many may not be able to participate, we ask those who can to “play along” and help ensure these worthy programs remain in these difficult times.

Online bidding for the 23rd Annual Foundation of Treasures Silent Auction will open May 4 at 9:00 a.m. Take time to mark your calendars now and take a peek at the items in the online catalog.

As always, thank you for your continued support of the PA Bar Foundation!

Charitable Giving Incentives for Donors to 501(c)(3) Nonprofit Organizations


In addition to facilitating direct financial relief to affected nonprofit organizations, the CARES Act also creates charitable giving incentives for donors to 501(c)(3) nonprofit organizations. Section 2104 of the CARES Act includes a new above-the-line deduction (universal or non-itemized deduction that applies to all taxpayers) for total charitable contributions of up to $300. The incentive applies to contributions made in 2020 and would be claimed on tax forms next year.

Section 2105 of the CARES Act lifts the existing cap on annual contributions for those who itemize, raising it from 60 percent of adjusted gross income to 100 percent. For corporations, the legislation raises the annual limit from 10 percent to 25 percent.