With your first €150 you will recover €112.5 in your income statement, so for you this donation has a cost of €37.5. Then, from €150 a 30% deduction is applied and if you do it for 3 years it increases to 35%.
Recurring donations: When in the current year and in the previous two it has been donated to the same foundation for an amount greater than €150.
These deductions are not applicable in Navarre or the Basque Country.
If you want to know more you can consult the law 27/2014, of 27 of November, of the tax on companies (BOE No. 288 of 28 November), which introduced changes in law 49/2002, of 23 December, of tax regime of non-profit entities and tax incentives to patronage, which governs our organization.