IRS and Tax Information

Donations made through the Combined Fund Drive are tax deductible. However, recently, the IRS has updated
the rules and regulations regarding this topic. We have provided some basic information about these changes.
For more information please click on the links provided or consult you tax advisor.

• The donor must have a bank record or written communication from a charity for any monetary contribution before the donor can claim a charitable contribution on his/her federal income tax return
  
  
• The donor is responsible for obtaining a written acknowledgment from a charity for any single contribution of $250 or more before the donor can claim a charitable contribution on his/her federal income tax return
  
  
• The Charitable organization is required to provide a written disclosure to a donor who receives goods or services in exchange for a single payment in excess of $75.
  
  
• The donor must have a pledge card prepared by or at the direction of the charitable organization. When you make a donation through the Combined Fund Drive you are able to print this out at the time of making your donation.

Recent Tax Law Changes May Affect People Giving to Charity - IRS Offers Tips for Year-End Donations:
http://www.irs.gov/newsroom/article/0,,id=164997,00.html

Record Keeping Requirements for Charitable Contributions Made by Payroll Deduction:
http://www.irs.gov/irb/2006-51_IRB/ar12.html#d0e1159