While we know that precautionary measures put in place by the City of Chattanooga are the right course of action to combat the potential spread of COVID-19, we need your help now more than ever.
This time is difficult for all of us at the CSO, but it is especially difficult for our musicians. As the backbone of our organization and as pillars of our community, musicians are incredibly affected by school closures and concert cancellations. The CSO has taken steps to ensure that musicians will still be paid 50% of their lost wages for cancelled performances, including instituting a temporary salary reduction for all other administrative and artistic staff, but your support also plays a crucial role.
Will you help us by giving to the CSO today?
Learn More About Charitable Giving and the CARES Act
The $2.2 trillion stimulus package – or the Coronavirus Aid, Relief and Economic Security (CARES) Act – was recently passed and provides incentives for charitable giving. We’ve collected a few articles for reference so you can learn how this potentially impacts your charitable giving:
- MarketWatch: The $2 trillion coronavirus stimulus bill encourages Americans to donate to charity
- Forbes: New Universal Tax Break For Charitable Donations Included In Final $2 Trillion COVID-19 Stimulus Package
- Business Insider: As coronavirus spreads, the $2 trillion economic relief bill makes donating to charity more convenient than ever
We know this national crisis impacts everyone – especially non-profits like ours. If you’re able to give to the CSO at this time, we would truly appreciate it. We’re relying on the generosity if individual donors now more than ever.
If you have questions about ways that you can leverage incentives of the CARES Act to give to a charitable organization, we recommend you contact your tax adviser.