|To Give||Do This||Savings|
|Cash||Give by check or other means of giving cash.||Deduct gifts up to 50% of your adjusted gross income in any one year. Carry over any excess into as many as five tax years.|
|Securities||Send an unendorsed stock certificate in one envelope and a signed stock power form in another envelope. The gift is complete on the postmarked date of the later envelope.||Deduct the full current value of the stock and bypass any capital gains tax, which might be due on a sale.
Deduct such gifts up to 30% of your adjusted gross income in any one year.
Carry over any excess into as many as five tax years. Securities must be long-term (held longer than a year) to qualify for favorable tax treatment.
|Personal Property Given for a Related Use||Deed or deliver property to the recipient.||Deduct the current value of your cost in the asset, depending upon how the asset will be used. Inquire for details.
Note: A qualified appraisal is required if you are claiming a charitable deduction of $5,000 or more.
|Life Insurance||Assign a charitable beneficiary (or owner and beneficiary) of an existing or new policy.||Take a deduction if you name a charitable owner and beneficiary. Inquire for details.|
|Bequest||Include SCPS in your will for a specific amount, a percentage of your estate, or a remainder gift after bequests to individuals have been paid.||Take an estate tax deduction for full value of your bequest to the SCPS.|