What tax benefits do I receive?

Because of iGiftFund’s public charity status, your contributions qualify for the highest tax benefits available:

• You receive an immediate and maximum income tax deduction.
• You avoid capital gains tax.
• Your fund is not subject to estate taxes.
• Assets in your fund can grow tax free.
• If you are subject to alternative minimum tax (AMT), your contribution will reduce your AMT tax liability.

The Program Description and Guidelines is a good reference for tax questions. The rules and regulations regarding tax deductions for charitable giving vary at the state level. Please consult your tax advisor or call us for more information.