Since HSF is a non-profit organization, corporate sponsorship in support of the organization’s activities entitles the donor to a tax deduction equal to 60% of the donation amount, up to a limit of €20,000 or 0.5% of the donor company’s annual turnover excluding tax if the latter amount is higher.
Sponsorship is material or financial support provided to an action or activity of general interest. It can take several forms:
– Financial sponsorship: this is the most traditional form of support, typically provided in the form of a cash contribution.
– In-kind sponsorship: this involves donating or making available goods (furniture, equipment loans, expertise).
– Skills-based sponsorship: this involves making an employee available during their working hours, either to provide a service or through a secondment of labor.