Cover image for PricewaterhouseCoopers guide to charitable giving
PricewaterhouseCoopers guide to charitable giving
Kennedy, Michael B., MBA.
Personal Author:
Publication Information:
Hoboken, N.J. : John Wiley & Sons, [2002]

Physical Description:
vi, 202 pages : illustrations, forms ; 23 cm
General Note:
Includes index.
Introduction -- September 11-related charitable contributions -- Types of charitable organizations -- Deductible and non-deductible contributions -- When deductible -- Sustantiation -- Reductions and limitations -- Valuation and appraisals -- Special interest current gifts -- Defferred giving and other charitable giving options -- Charitable remainder trusts -- Charitable lead trusts -- Charitable bequests -- Funding contributions with real property.
Added Corporate Author:
Electronic Access:
Table of contents
Format :


Call Number
Material Type
Home Location
Item Holds
KF6388 .K46 2002 Adult Non-Fiction Non-Fiction Area

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Get the Most Out of Giving with PricewaterhouseCoopers′ Guide to Charitable Giving

Private philanthropy is the cornerstone of charitable organizations in the United States. This support provides numerous benefits to society as well as a tax-efficient means for you, the donor, to transfer wealth. Understanding the tax implications of your donations can be confusing as well as financially detrimental if you do not have the proper guidance.

PricewaterhouseCoopers′ Guide to Charitable Giving addresses the many tax aspects of charitable giving by walking you through the rules of charitable giving and their relationship to your taxes. This indispensable guide explores different charitable giving alternatives, focusing on current gifts, deferred or planned gifts, gifts of income, annuities, and charitable bequests. It also covers the advantages and disadvantages of each type of gift, as well as funding alternatives and assets that may be utilized. The charitable giving strategies discussed are supplemented with essential forms, their instructions, and relevant IRS publications.

The charitable advice and strategies offered by PricewaterhouseCoopers professionals outline some of the best ways to give in a timely and tax-efficient manner. Take this opportunity to understand the tax implications of your charitable donations and learn how to get the most out of giving.

Author Notes

PricewaterhouseCoopers ( is the world′s largest professional services organization. Drawing on the knowledge and skills of more than 150,000 people in 150 countries, we help our clients solve complex business problems and measurably enhance their ability to build value, manage risk, and improve performance in an Internet-enabled world. PricewaterhouseCoopers refers to the member firms of the worldwide PricewaterhouseCoopers organization.

Table of Contents

Acknowledgmentsp. vi
Chapter 1 Introductionp. 1
Chapter 2 September 11-Related Charitable Contributionsp. 3
Employer-Sponsored Leave-Sharing Donation Programsp. 4
Chapter 3 Types of Charitable Organizationsp. 5
Public Charitiesp. 5
Private Foundationsp. 6
Operating and Non-operating Foundationsp. 7
Community Foundationsp. 7
Donor-Advised Fundsp. 7
Supporting Organizationsp. 8
Chapter 4 Deductible and Non-deductible Contributionsp. 9
Payments for Schoolingp. 10
Fund Raising Eventsp. 10
Membership Dues and Feesp. 11
Token Benefitsp. 11
Athletic Event Preferred Seatingp. 11
Use of Vacation Home or Other Propertyp. 11
Non-U.S. Organizationsp. 12
Chapter 5 When Deductiblep. 13
Gifts by Checkp. 13
Gifts of Securitiesp. 13
Credit Card Giftsp. 15
Pledges and Notesp. 15
Real Estatep. 15
Optionsp. 16
Chapter 6 Substantiationp. 17
Gifts Less Than $250p. 17
Gifts Greater Than $250p. 18
Chapter 7 Reductions and Limitationsp. 19
Charitable Contribution Reductionp. 20
Percentage Limitationsp. 21
Corporationsp. 23
Chapter 8 Valuation and Appraisalsp. 25
Charitable Contribution Valuationp. 25
Appraisal Requirementsp. 33
Penalties for Overvaluationp. 36
Chapter 9 Special Interest Current Giftsp. 37
S Corporation Stockp. 38
Artworkp. 38
Partnership Investmentsp. 39
Oil and Gas Interestsp. 40
Copyrightsp. 40
Out-of-Pocket Expensesp. 41
Bargain Salesp. 41
Life Insurance Giftsp. 42
Wealth Replacement Trustp. 43
Chapter 10 Deferred Giving and Other Charitable Giving Optionsp. 45
Gift Annuityp. 45
Pooled Income Funds (PIFs)p. 46
Remainder Interestp. 47
Undivided Interestsp. 48
Conservation Easementsp. 48
Chapter 11 Charitable Remainder Trustsp. 51
Taxation of Distributions to Income Beneficiariesp. 52
Charitable Contribution Amountp. 53
Charitable Remainder Annuity Trust (CRAT)p. 53
Charitable Remainder Unitrust (CRUT)p. 55
Income-Only Unitrustp. 56
Charitable Remainder Trusts: Summary of Benefitsp. 57
Unrelated Business Income (UBIT)p. 57
When to Use CRAT, CRUT, or PIFp. 58
Chapter 12 Charitable Lead Trustsp. 61
Charitable Lead Annuity Trust (CLAT)p. 62
Charitable Lead Unitrust (CLUT)p. 62
Generation-Skipping Transfer (GST) Taxp. 63
Chapter 13 Charitable Bequestsp. 65
Outright Bequestsp. 65
Funding Charitable Bequests with Retirement Assetsp. 66
Qualified Terminable Interest Property Trustsp. 67
Chapter 14 Funding Contributions with Real Propertyp. 69
Outright Gift of Real Estatep. 69
Gift of Partial Interest in Real Estatep. 69
Gift of Remainder Interest in Personal Residence or Farmp. 70
Gift of Qualified Conservation Easementp. 70
Bargain Salep. 70
Charitable Gift Annuityp. 71
Charitable Remainder Trustp. 71
Pooled Income Fundp. 71
Charitable Lead Trustp. 72
Appendix A Charitable Giving Alternativesp. 73
Appendix B Form 8282--Donee Information Return (and Instructions)p. 77
Appendix C Form 8283--Noncash Charitable Contributions (and Instructions)p. 79
Appendix D IRS Publication 3833--Disaster Relief: Providing Assistance through Charitable Organizationsp. 85
Appendix E IRS Publication 526--Charitable Contributions (Rev. December 2000) Cat. No. 15050Ap. 105
Appendix F IRS Publication 561--Determining the Value of Donated Property (Rev. February 2000) Cat. No. 15109Qp. 157
Appendix G PricewaterhouseCoopers Personal Financial Servicesp. 193
Indexp. 197