Jana Domino
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THE JANA DOMINO THOROUGHBRED FOUNDATION, INC.

I created The Jana Domino Thoroughbred Foundation Inc. in conjunction with Carl Domino to honor Carl's daughter Jana.  Jana Domino embodied the best spirit of the children who are involved in the thoroughbred business, especially on the backstretch.  Jana was extremely smart, very friendly and loved horses.  She died at the age of 13, October 15, 1999 and the charity that bears her name was created about a year and a half after her death. 

Substantial contributions have already been made to the Belmont Park Day Care Center, the Backstretch Employees Assistance Team (B.E.A.T.), the Belmont Chaplain, Disabled Jockeys Fund, as well as a host of other worthwhile causes.

The foundation is an organization created to comply with the Internal Revenue Code as an organizations described in section 501 (c) (3).  The IRS describes such organizations as being organized and operated for purposes that are beneficial to the public interest.  The Jana Domino Thoroughbred Foundation Inc. focuses on relief of the poor, the distressed, and the unprivileged on the backstretch.  In addition to combating community deterioration, the foundation also focuses on the elimination of prejudice and discrimination.

You can research the website of the Internal Revenue Service at http://www.irs.gov to readily obtain taxpayers information. You may find the Internal Revenue Service Publication 526 entitled Charitable Contributions useful in determining tax deductions for taxpayer donations.  Donors can take a charitable contribution deduction if their gift or bequest is made to any company that is a 501 (c) (3) organization.  Please make sure to discuss all contributions with you accountant.

The IRS has further termed the Jana Domino Foundation as a non private foundation within the meaning of section 509 (a) of the Code, because the organization is one as described in sections 509 (a) (1) and 170 (b) (9) (A) (vi).  The Jana Domino Thoroughbred Foundation Inc. will provide any donor who makes a contribution of $250.00 or more, with contemporaneous written substantiation to comply with section 170 of the Internal Revenue Code.  In the case where the charity has provided merchandise or collectables to the donor in exchange for making a contribution, this contemporaneous written acknowledgement must include a good faith estimate of the value of the merchandise or collectible.  Therefore, equine memorabilia purchased in excess of $250.00 through eBay or Sotherby's Online Auctions or, at online stores for the benefit of the Jana Domino Thoroughbred Foundation Inc., will  be accompanied by an appraisal by the seller.  The IRS states that a taxpayer may not rely solely on his cancelled check to substantiate a cash contribution of $250.00 or more.