For Private Persons

For Private Persons

Welcome to our Fundraising Section!

To be confident in our steps which we undertake to promote Bulgarian children, “Dimitar Berbatov” Foundation needs advocates and supporters, who show their approval by investing own resources, skills, time, and creativity. Every single man might have really important contribution to DBF team’s work for fundraising, as well as help other people understand more about work and projects of DB Foundation.

If you are interested in how to be involved in the fundraising process for DBF, this is the right place.

There are several ways for support:

  • A single donation;

  • Multiple donations of different philonthropic causes;

  • Dissemination of imformation regarding our activities and projects among friends and acquaintances through formal and informal forums in which you take part (Facebook and others);

  • Initiatives at work for Payroll Giving or Fundraising campaigns

Tax Reliefs for Private Persons

Private Persons should be aware of the fact that “Dimitar Berbatov” Foundation is among the entities under Article 22, Paragraph 1, Point 1, b. “O” of the Law on Personal Income Tax, donations to which are tax-deductible up to 5%. In accordance with Paragraph 2 of the same Article 22, the tax relief total amount for donations cannot exceed 65 percent of the amount of the annual tax base.

When there is an in-kind donation, its value is the price for its acquisition by the donor stated in the documents (invoices, etc) of the donation subject, if this acquisition has occurred up to three months before the date of donation.

For a date of an accomplished donation will be reckoned the date of its acquisition by the donated person. Art. 23 of the Law on Personal Income Tax stipulates the procedure of using tax reliefs for donations, including these in DBF’s benefit. Tax reliefs may be used after submitting an annual tax declaration by Art. 50 of the Law on Personal Income Tax, attaching copies of documents certifying that the donated entity is one of the stated in Art. 22, Paragraph 1 of the Law on Personal Income Tax and the donation subject is received – regarding the tax relief for donation.

Thank you for supporting Bulgarian children through “Dimitar Berbatov” Foundation.