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ALBA > Endowment & Fund Raising > Tax Implications for Donors
 
Tax Implications for Donors
Endowment | Contributions to Annual Fund Raising | Tax Implications for Donors

ALBA, as an educational not-for-profit institution offering scholarships, is by Greek law entitled to receive donations from Greek individuals and Greece-based corporations with the most advantageous legal tax exemption provisions in force for the donor.

Sponsorships for specific events can also be made against a sponsoring invoice issued by ALBA, which will include a 23% VAT.

Provisions have been made for ensuring tax exemptions for donations by U.S. taxpayers.

   
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