The Ecole Internationale de Genève is a Swiss public service foundation. Consequently, donations made to this Foundation can benefit from tax deductions.
If the gift is a cash gift, no particular formal contract is required. If the gift is of property, the contract must be formal and notarised and registered with the Registre foncier. The donation is made when the donor transfers the gift to the Foundation.
Whether you are an individual or a company giving to Ecolint, you may deduct gifts up to a maximum of 20% of your net income at the Cantonal level (impôt cantonal) and at the Confederation level (impôt fédéral). i.e. if your annual net income is CHF 100,000.-, you may deduct up to CHF 20,000 in donations. As a result, and on top of helping our students, if your tax bracket is 15%, your gift will only cost you CHF 17,000.
The deduction percentage and the final tax amount that you may save may vary between Cantons, so please contact your tax advisor for further information.