Related Links |
||||||||
|
||||||||
|
(Complete gift description)
If you want to help the Guggenheim today and maximize your charitable deduction, consider making your gift with cash. Cash is the simplest asset to donate—there is no appraisal to secure and no acceptance policies to follow. It is also the simplest asset for the Guggenheim 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
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
You can use cash to fund a life-income plan such as a charitable remainder trust or a charitable gift annuity.
For more information
E-mail us, complete the personal illustration form, or call us at 212 423 3500 so that we can assist you through every step of the process.
*Note: The Guggenheim is not yet offering charitable gift annuities; however, please let us know if you would be interested in creating one.