End of the
Year Giving
As the end of the year approaches, it is a good time to
reflect upon what our philanthropy has accomplished and
how our efforts can help fulfill the needs of others. Many
people take this opportunity to make a meaningful gift to
Childspring International, and they are awarded tax benefits
as a result.
How to Give
Typically at year-end, many people make gifts to their favorite
charitable organizations in the form of donations. All gifts
must be completed by Dec. 31 to qualify for an income tax
deduction within this year. Financial contributions sent
through the mail are deductible if they are postmarked by
midnight on Dec. 31.
There are other methods of giving such as the gift of securities
or real estate. These assets must have been held for more
than one year to deduct the fair market value.
Gifts of securities are deductible on the date they are
transferred to the charitable organization's books-not the
date you ask your broker to make the transfer.
In most states, real estate gifts are considered completed
on the date a properly executed deed is delivered to the
organization.
If you are interested in making a year-end gift, please
contact Rose Emily Bermudez at 404-228-7733, or e-mail her
at reb@childspringintl.org,
for more information.
