Charitable Contribution for Income Tax Purposes
Please print this letter adding your exchange students name and home country to the bottom to keep with your tax records.
Dear Host Family,
On behalf of everyone at Deb Bowen Exchange, we would like to thank you for hosting a student this past year. We hope it has been a most worthwhile experience for you, your family, community and local high school.
You are working with a non-profit educational organization and has been recognized as such under section 501 (c) (3) of the Internal Revenue code. We have been designated as a sponsor of the Exchange Visitor Program as regulated by the Department of State.
If you pay the costs of a student who lives in your home, you may consider $50 per month as a charitable contribution for income tax purposes. The student must be someone who is not your dependent or a relative, and must be a member of your household under a written agreement between you and a qualified organization.
Your hosting experience with us qualifies you for this tax deduction. ISE is not qualified to give you tax advise, therefore, please check with your accortant or tax advisor for details.
Again - thank you for opening your hearts and home to one of our exchange students.