Benefits to End-of-Year Giving

 In General

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December 29, 2013

Did you know that 22% of all annual charitable giving happens on 30-31 December? The reason for this is tax incentives that must be recorded before the end of the calendar year in order to apply toward the coming tax season. For example:

  • Lower your income taxes by deducting charitable gifts (charitable gifts are 100% deductible)
  • Up to 50% of adjusted gross income can be deducted
  • Gifts of stocks or bonds are also fully deductible
  • Avoid federal capital gains tax with gifts of stocks or bonds

We hope if you’re thinking of giving at this year-end that you’ll consider Haiti Partners. With our December matching grant, the timing couldn’t be better to give now and double your impact!

Thank you!

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