The Federal 2020 CARES Act re-incentivizes charitable giving by creating a $300 above the line deduction for qualified charitable contributions. This deduction is available to all taxpayers that take the Standard Deduction on their 2020 return without having to itemize deductions.
The Cavalla Historical Foundation which owns and operates the Galveston Naval Museum is a 501-C-3 Charitable Foundation. The Cares Act provision applies to any donation you give to it. Of course, we are not providing specific tax advice, but rather giving you additional information you can use.
The funds you donate will be used to restore and preserve the USS Cavalla and USS Stewart. Please help our volunteers who work to preserve, educate, and promote the memory of those who served aboard these vessels. Don't delay, act before the end of the year to get this special tax benefit.
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