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Gifts of Cash
(Complete gift description)
If you want to help Yale today and maximize your charitable deduction, consider making your gift with cash. Cash is the simplest asset to donate — and is also the simplest asset for Yale to accept and quickly put to good use.
Make your cash gift via a check or money order, a credit card or a wire transfer.
There's an extra tax benefit
You can claim the entire amount of your cash gift as a charitable income tax deduction. The IRS allows you to claim this deduction up to 50% of your adjusted gross income (AGI). If you used appreciated securities or other assets to make your gift, your deduction would be the same, but you would only be able to claim the deduction up to 30% of AGI.
(You can claim excess deductions over the five tax years following your gift.)
Remember
Although a cash gift can provide immediate benefit to us, you can also use it to fund a life-income plan such as a charitable gift annuity.
For more information
Email us, complete the personal illustration form, or call us at 1 (800) 445-6086 so that we can assist you through every step of the process.