Are you uncertain about making decisions about charitable giving because of possible tax law changes? The Community Foundation for Greater New Haven may help your peace of mind.
For example, a donor advised fund offers time for thoughtful giving. It allows you to make a single gift for a tax deduction this year and then take your time choosing the charities you want to support with grants from your fund.And some things stay as they are.Charitable contributions (including additions to your Fund at The Community Foundation for Greater New Haven) prior to 12/31/10 are income tax deductible for people who itemize their tax returns. Giving appreciated stock (held for more than a year) is especially advantageous, as your deduction is based on the value of the stock on the date of the gift and you pay no capital gain tax.To learn more about how we can help you achieve your goals through charitable planning, please visit the Giving section on our website or contact Angela Powers by email at apowers@cfgnh.org or by phone at 203-777-7068.
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