What is the PFD Charitable Contributions Program?
A new law was passed in May 2008 that allows Alaskans filing for their PFD on-line to donate all or part of their dividend to eligible charitable and educational organizations, community foundations, and the campuses of the University of Alaska. The law sets up a program that goes away (sunsets) after three years unless renewed by the Alaska Legislature.
The new law allows Alaskans filing for their PFD on-line to donate all or part of it to the campuses of the University of Alaska, community foundations, and eligible charitable and educational organizations. The legislation was passed in May 2008 as House Bill 166 with nearly unanimous approval in both the Alaska House and Senate. The law sunsets after three years.
