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YEAR END GIVING Seven Important Year-End Giving Deadlines Maximize 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. THANK YOU FOR YOUR SUPPORT! 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

Seven Important Year-End Giving Deadlines · 2017. 12. 11. · FALL 2017 | TOWER | 31 YEAR END GIVING Seven Important Year-End Giving Deadlines Maximize Your Tax Benefits When you

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Page 1: Seven Important Year-End Giving Deadlines · 2017. 12. 11. · FALL 2017 | TOWER | 31 YEAR END GIVING Seven Important Year-End Giving Deadlines Maximize Your Tax Benefits When you

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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