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F A L L 2 0 1 7 | T O W E R | 3 1
Y E A R E N D G I V I N G
Seven Important Year-End Giving DeadlinesMaximize Your Tax Benefits
When you make a gift to our organization this year, we both benefit. Your generosity enables us to meet urgent needs and carry out our mission daily. Plus, you’re able to choose how your gift is used and receive a charitable deduction on your income taxes when you itemize. To receive these benefits, however, you must time your gift appropriately.
1. CASH
All contributions sent through the mail are usually deductible if they
are mailed by midnight on Dec. 31.
2. STOCK
Deductible on the date it is fully transferred (if done electronically)
to our books—not the date you ask your broker to make the transfer.
3. GIFTS THAT
Considered in place once you return the signed contract to us
along with your gift.
PROVIDE INCOME
4. REAL ESTATE
Considered complete on the date a properly executed deed is delivered
to us (in most states).
5. TANGIBLE
Complete once the property is delivered to us.
6. LIFE INSURANCE
Considered complete on the date you sign the paperwork transferring
ownership to our organization, assuming you properly forward the form on to the insurance company.
7. IRA CHARITABLE
ROLLOVER GIFTS
Gifts must be completed by Dec. 31 for you to receive the
tax benefits this special donation opportunity offers.
T H A N K Y O U F O R Y O U R S U P P O R T !It is because of your generosity that we are able to carry out our mission.To discuss any questions or making a gift, please contact Linda David, Executive Director, at 310.299.8472
PERSONAL PROPERTY
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