Gauss Fund of BrazilFoundation
Scholarships, mentoring and multidisciplinary support for socially vulnerable adolescents and youth
Objective
The Gauss Fund aims to ensure the continuity of Gauss’ projects and to enable the implementation of new long-term projects linked to Gauss’ mission. Their current work consists of i) selecting underprivileged students at the end of high school, ii) strengthening their academic development with scholarships at preparatory courses and iii) connecting students with mentors and other multidisciplinary support, to help them attain quality higher education. The long-term projects include continued financial and psychological support to students through higher education, aiming at minimizing drop-out rates.
Support Gauss Fund
About the Fund
Provide access to high-quality education to underprivileged youth
Scholarships, mentoring and multidisciplinary support.
Funds will primarily be directed to maintain Gauss’ current activities, including expenses with preparatory course fees, complementary study tools, such as writing practice for entrance exams, student costs with meals, transportation and housing as well as professional psychological support. The resources will also help to make possible long-term projects that focus on providing additional support to students already enrolled in higher education.
About the Institute
Gauss’ mission is to provide access to high-quality education to underprivileged youth with great potential, offering scholarships, mentoring and multidisciplinary support. Founded in 2014, Gauss has been present in 4 Brazilian states and has supported over 110 students with an 80% success rate of students enrolling into solid higher education institutions. More than 60 active students are supported by Gauss every year with a network of 140 volunteers.
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.