Act 22 Donations (Now known as ACT 60) - Updated

ACT 22 and ACT 60 Holders

The Karma Honey Project is a nonprofit, tax-exempt charitable organization (tax identification number 83-3290066) under Section 501(c)(3) of the Internal Revenue Code. Donations are tax-deductible as allowed by law.

We are an Act 22 and Act 60 approved non profit charity organization and all donations will be automatically credited towards your mandatory yearly donation.

Link to Hacienda 1011.01 Verification Letter

Puerto Rico Corporation Filing Information (click then refresh page)

Unlike most other PR charities that snail mail you your verification. Your tax donation gift receipt will be immediately emailed to you upon donation.

Payment plan (want to break up the mandatory donation into easy $500 monthly installments?) Click Here Now

*We are an Act22 Society Recommended Charity

What is an ACT 22 / ACT 60 Non Profit?

Like with Act 22 donations, these nonprofit entities must operate in Puerto Rico and not be run by the investor or their family, spouse, or partner. ACT 60 investors must also submit their donation before December 31 and present proof in their annual report in May. These charities by definition need to be on the hacienda 1011.01 list.

 

Puerto Rico’s generous Act 22 / Act 60 tax advantages for individuals are incredible:

  • 0% income tax on all dividend income
  • 0% income tax on all interest income
  • 0% income tax on all capital gains, including both short- and long-term

How to Qualify for Act 22 / Act 60:

  • Be present in Puerto Rico for at least 183 days of the tax year
  • Maintain your tax home in Puerto Rico and not in the U.S.
  • Donate 5k to a registered Act 22 Charity.

*Please note ACT 60 has some additional requirements

The Karma Honey Project uses 100% of proceeds for the following purposes:

    1. Creation of new hives to repopulate the affected honey bee population.
    2. Helping small farmers to pollinate organic crops on traditional and urban farms.
    3. Donating to university based research to help find solutions to the problems affecting bees as well as treatments of Cancer and Covid-19 with the use of bee venom.
    4. Educating both children and adults on the importance of pollinators.
    5. Planting bee friendly fields of wildflowers and sunflowers to forage from.

 act 22 donations

Donate by Mail

Download your donation form and mail your contribution to:
Karma Honey Project
6815 Biscayne Blvd 103459 Miami, FL 33138

Click here to: Donate Via Wire Transfer

Pay via Bitcoin: Click "More Payment Options"