Centenário Fund of BrazilFoundation
Support for educational, research and innovation projects at the UFRGS School of Engineering
Objective
The Centenário Fund supports educational, research and innovation projects at the UFRGS (Federal University of Rio Grande do Sul) School of Engineering. The entity is structured as a non-profit association, with the design of an endowment fund. The resources it generates to support projects come only from the principal’s income; consequently, every donation essentially bears fruit for eternity.
Support Centenário Fund
About the Fund
Bringing civil society and universities together
Education for the development of society
The Centenário Fund believes in the potential of education and long-term mindsets for societal development. In this way, its objective is to financially support the School of Engineering’s initiatives, connect the academic community with alumni and bring civil society closer to the university..
Programs
The fund currently supports two projects:
– Scholarships for 11 high-potential and socially vulnerable students;
– A mentoring program that connects more than 200 students with market professionals.
Website: www.fundocentenario.com.br
Tax Benefits
USA: Contributions to BrazilFoundation – EIN 13 4131482, a non-profit under Section 501(c)(3) of the US Internal Revenue Tax Code – are deductible to the full extent permitted by law. Individuals can deduct up to 50% of their adjusted gross income; companies may deduct up to 10% of taxable income, prior to discounting the philanthropic investment. BrazilFoundation provides a tax-receipt acknowledgement of the contribution it receives.
Brazil: BrazilFoundation is a non-profit organization, designated as a Public Interest Civil Society Organization (OSCIP, as per its initials in Portuguese) under Law 9.790/99, Ministry of Justice file no. 08071.000389/2004/01, Corporate Taxpayer Registration No. 04.839.572/0001-10. A donation receipt can be issued for donations made in reals. The donor must request their receipt directly from BrazilFoundation. Since we are an OSCIP, tax incentives are only awarded to businesses taxed on their profits. These businesses can deduct the cost of donations up to 2% of their operating profit. An individual donor may report the amount donated when filing income tax, but will not receive a tax incentive.