Tax advantages

OTB Foundation is a noncommercial Third Sector Entity and therefore allows its donors to obtain tax savings for the amounts they generously give to its projects.

Below are the measures, terms and conditions so that our donors can confidently take donations as deductions or deductions in the declaration for the year of giving.

INDIVIDUALS

Italian Idividuals can deduct at 30 percent the donation up to 30,000 euros (Art 83, c 1, Legislative Decree 117/17) or alternatively deduct it up to 10 percent of the total declared income (Art 83, c 2, Legislative Decree 117/17).

In the case of the deduction, if it is more than the total reported income less all deductions, the part of the deduction that could not be used in the first tax return can be used by the fourth subsequent tax period.

As a reminder, it is a condition of deductibility or deductibility of donations that they be disbursed through bank, post office or other traceable system provided by the regulations.

ENTITIES OR COMPANIES

Italian entities and companies can deduct donations up to the limit of 10 percent of total declared income (Art 83, c 2, Legislative Decree 117/17).

If the deduction is more than the total declared income less all deductions, the part of the deduction that could not be used in the first tax return can be used by the fourth subsequent tax period. It is recalled that it is a condition of deductibility of donations that they are disbursed through bank, mail or other traceable system provided for in the regulations

GOODS

Donations of assets follow the same deductibility/deductibility rules and limits as cash donations, and in relation to the criteria and methods of valuing donated assets, the donor is reminded to refer to the November 28, 2019 DM.

TESTIMONIALS

Thanks to many partnerships we are able to implement many social development initiatives, in Italy and in the world. We rely on professionals and experts in their field of intervention, and together with them we build the project

GIORGIO +

CHARITY SHOPS

“I saw in this reality an important opportunity to address the needs of families and individuals. Here each family is a story, and each story is different from the other, but the most beautiful story is that of families who, having been able to change their standard of living because someone in the family has found a job, voluntarily return their card to us. ”

MARYNA +

UKRAINE EMERGENCY

“We fled from Kiev myself, my 13-year-old son, my grandchildren 3 and 1 with my daughter-in-law and her mother. Thanks to the OTB Foundation we were welcomed in Italy. We are very grateful that our children are provided with food and shelter: we thank you for all this hospitality and hope that it will be you, one day, who will come to visit us in Kiev ”

ELYAS +

KAPISA ORPHANAGE

“My name is Elyas I am 14 years old. My father died in the fighting, two years later my mother also died from an illness: my uncle could no longer keep me and took me to the orphanage. Here they give us clothes, stationery, and most importantly regular meals every day. I want to study and learn enough to have a good life. My greatest desire in life is to do something important for the family, to be able to reunite all the members of my family and live together, forever. ”

ATAB +

JOB CLINIC ONLINE

“I am Atab, I am from Senegal and I am 25 years old. I am so glad I had the chance to enroll in Job Clinic Online, they helped me so much. With them I had the chance not only to find a job but also to learn how to work in a team and be useful to society ”

FATIMA +

Driver benefiting from the Pink Shuttle project

““My dream was to become a professional driver and that’s what I am now. Afghan men say that driving is not for women but my colleagues and I at the Pink Shuttle have shown that we can do it and do it well.” ”

DOTT. LUCA BERNARDO +

Ospedale Fatebenefratelli di Milano Pediatrics Director

““I thank the OTB Foundation for its consciousness to us. Since we met, you have given us so much, and not only in this very complex year dictated by the pandemic. We should not survive, we should live: it was thanks to your help that it was possible to give hope and light in the dark moments.” ”

SUSANNA FIORETTI +

Nove Onlus President

““OTB Foundation is the ideal partner: it does not just approve a project, it follows it; it shares the difficulties and the necessary modifications, it cares about the results and the beneficiaries. Brave in fact as in the name, it was the first to believe in the Pink Shuttle by facing with Nove Onlus the challenge of turning a dream into a concrete tool of freedom for Afghan women.” ”

PATRIZIA CORBO +

Piccolo Principe Onlus President

““The Other is a horizon of sense that fills our life with meaning and responsibility, who has met the Other at least once in his life cannot escape his gaze, because he has been demanded. And if that look belongs to a child, it can only come as a sword, straight to the heart. It’s simply what happened in the connection between Little Prince Onlus and the OTB Foundation: we met and never got lost again.” ”

GIUSY LAGANA’ +

General Secretary of the FARE X BENE Association

““For years I have been involved in school projects to prevent, raise awareness and fight all forms of abuse, discrimination, violence, bullying and cyberbullying. It was therefore a great opportunity for me to meet OTB Foundation – founding a group with such concrete and shared corporate social responsibility at all levels of the company – and collaborate with them in the creation of the project Bye Bully. “ ”

BRAVE ACTIONS FOR A BETTER WORLD

This is the motto of OTB Foundation because we believe that brave and unconventional actions are the best way to realizing a better world. Our social initiatives are designed following the Sustainable Development Goals (SDGS) defined by the United Nations as a strategy to achieve a better and more sustainable future for all.

DONATION

Help us in offering concrete help to those in need: your donation will go directly to our beneficiaries, without any waste

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Help us in offering concrete help to those in need: your donation will go directly to our beneficiaries, without any waste

5X1000

Support our social development initiatives by donating your 5×1000 to the OTB Foundation. It’s a very simple donation – and it’s free!

*According to Italian law, the “5XMILLE” stands for a share of the personal income tax, which the State allocates, for support, among entities carrying out socially relevant activities.

Discover more

Support our social development initiatives by donating your 5×1000 to the OTB Foundation. It’s a very simple donation – and it’s free!

*According to Italian law, the “5XMILLE” stands for a share of the personal income tax, which the State allocates, for support, among entities carrying out socially relevant activities.

FISCAL ADVANTAGES

All donations to the OTB Foundation are tax deductible according to the limits set by law. Here are the fiscal advantages, for individuals and companies

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All donations to the OTB Foundation are tax deductible according to the limits set by law. Here are the fiscal advantages, for individuals and companies

COMPANIES

Corporate social responsibility is an opportunity for growth. Share with your employees a gesture of awareness and attention to those who are less lucky.

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Corporate social responsibility is an opportunity for growth. Share with your employees a gesture of awareness and attention to those who are less lucky.