Instituto Reditus Fund of BrazilFoundation

Reditus strives to improve educational opportunities for UFRJ ‘s community

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Objective

Reditus, whose name means “retribution” in Latin, is a non-governmental organization formed by current and former students of UFRJ. These volunteers wish to give back to the university community for the education they received.

Support Instituto Reditus Fund

About Reditus

Empower the UFRJ community to be a leader in social, technological, and scientific progress

Reditus allocates its resources to 2 main projects: “Edital de Inovação”, which aims to financially support projects developed by UFRJ students and teachers, and “Bolsa Reditus”, which provides financial aid and a support network for low-income students.

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Results

+1.1 million transferred to UFRJ community
+ R$ 15 million under management
+1000 students impacted
+70 voluntários

  • Website: www.reditus.org.br
  • Instagram: @institutoreditus
  • Linkedin: www.linkedin.com/company/instituto-reditus/mycompany
  • E-mail: contato@reditus.org.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.