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Della Penna $250,000 Matching Challenge

Foundation News |
Categories: Giving
Matching Challenge Square

Throughout the month of December, you can support Doylestown Health and double the impact of your gift by joining the Della Penna $250,000 Year-End Matching Challenge.

Lou Della Penna, visionary donor and committee member of ONE VISION: The Campaign for Doylestown Heath, along with his family announced the challenge match on December 1, 2020, in honor of Giving Tuesday, a globally recognized day of generosity and community impact. Thanks to their outstanding support, we are celebrating Giving Tuesday all month long.

Gifts made in response to the Della Penna Matching Challenge will support the priority needs of Doylestown Health. Join us today, and double the impact of your gift before the end of the year.

A quick note on tax-advantaged giving for the end of the year:*

The CARES Act expands your income tax deduction for cash gifts in 2020. If you no longer itemize your personal deductions, the recent CARES Act allows you to deduct up to $300 in cash donations to charity on your 2020 tax return, despite taking the standard deduction. Separately, if you itemize your deductions, you are now eligible to deduct up to 100% of your adjusted gross income (AGI) for cash contributions in 2020. This raises the prior deduction cap of 65% of AGI for cash contributions.

*This information is intended for educational purposes only and is not offered and should not be taken as legal, tax, or other professional advice. Always consult an attorney, accountant, or other professional advisor before making any material decisions based on any of the information above. To ensure compliance with certain IRS regulations, we disclose to you that the information above and on our website is not intended or written to be used, and may not be used, for the purpose of avoiding tax-related penalties.

About Doylestown Health Foundation

As the philanthropic arm of Doylestown Health, Doylestown Health Foundation raises funds to safeguard the future of excellence in patient care and to improve the quality of life for all members of the community. Philanthropic support of an ambitious comprehensive campaign, ONE VISION: The Campaign for Doylestown Health, is transforming the delivery of superior healthcare in our community, both in new and expanded facilities, and through advancements in cutting-edge programs and state-of-the-art technologies. Contributions also support bold investments in innovative treatments, process improvements, and community resources to enhance the patient experience well into Doylestown Health's second century of healthcare excellence.

For more information, visit DoylestownHealthFoundation.org or call 215.345.2009.

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