When you make a contribution to iGiftFund, an IRS-recognized public charity, you’re entitled to the most favorable charitable tax deductions available. Any deduction that you’ll receive depends on the asset type and your personal situation.

Donor Advised Fund Tax Advantages Include:

Cash:

Donor Advised Fund: 60% of adjusted gross income*

Private Foundation: 30% of adjusted gross income*

Publicly Traded Securities:

Donor Advised Fund: 30% of adjusted gross income*

Private Foundation: 20% of adjusted gross income*

Real Estate:

Donor Advised Fund: Tax Deduction based on Fair Market Value. 30% of adjusted gross income*

Private Foundation: Tax Deduction based on Cost Basis. 20% of adjusted gross income*

Closely-held Stock:

Donor Advised Fund: Tax Deduction based on Fair Market Value. 30% of adjusted gross income*

Private Foundation: Tax Deduction based on Cost Basis. 20% of adjusted gross income*

NOTE:  Unused deductions may be carried forward for up to an additional 5 years. *

The Tax Benefits Associated with Donor Advised Funds

Income tax:
You’ll receive an immediate and maximum income tax deduction in the year that you contribute to your charitable fund account (subject to the above adjusted gross income limits).

Capital gains tax:  Contributions of appreciated assets that are held for more than a year incur no capital gains tax. (For more information, please see our  donor advised fund vs. private foundation comparison.)

Estate tax: Your donor advised fund will not be subject to estate taxes.

Tax-free growth: Your investments in a donor advised account is allowed to appreciate tax-free.

Alternative minimum tax (AMT): If you are subject to AMT, contributions to your donor advised fund will reduce your AMT liability.

Note: The information provided herein is for informational purposes only, and should not be interpreted as legal and/or tax advice. Donors should always consult their legal and tax advisors regarding their specific situations.

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