Tax benefits through contributions to the foundation

A ) Donations

The state supports one-time as well as regular donations to charitable foundations through the so-called “general deduction for donations”. We will provide you with a donation receipt stating the amount you have given, which you can submit to the tax office to reduce your tax burden.
Donations amounting to up to 20% of the total sum of your income can be claimed as a “general deduction for donations” in the year of the contribution so as to reduce tax. Upon presentation of the donation receipt, the tax office deducts the donated amount from your taxable income.
A company can claim up to 0.4% of its total turnover as well as the wages and salaries paid as a “general deduction for donations” for tax reduction.

B ) Endowment contributions

From the perspective of tax law, endowment contributions are honoured in a particular way. According to the current law on foundations, contributions to the foundation capital of the foundation “Deutsches Orthodoxes Dreifaltigkeitskloster” amounting to up to one million euros can be deducted for tax purposes as a “special expense”, in addition to the general deduction for donations. In order to achieve the greatest possible tax savings, it is possible to spread the tax deduction over several years (up to 10 years).

C ) Testament

Even in the case of a testamentary disposition in favour of the Holy Trinity Monastery, the state honours your gift. An inheritance bequeathed to the foundation is subject neither to inheritance tax nor to gift tax. The endowment contribution laid down by you as your last will passes undiminished into the foundation’s basic capital.

If you yourself have inherited, and within 2 years after accepting the inheritance you transfer all or part of the inherited assets to the foundation, you can have the inheritance tax incurred on them reimbursed.