Donor Giving Tax Benefits

CASI Foundation donors through donor-advised funds, memorial funds, life insurance, and bequests receive a host of tax benefits including:

Save taxes in four ways

1. Contributions are tax deductible in the year they are made. Because CASIF is a public charity foundation, contributions qualify for immediate and maximum tax benefits.
   • Deduction for cash: Up to 50% of adjusted gross income (AGI).
   • Deduction for securities and other appreciated assets: Up to 30% of AGI.
   • Five year carry forward of unused deductions.
     
     
2. Avoid capital gains on gifts of appreciated property.
   
   
3. Avoid estate taxes.
   
   
4. Investments in a Donor Advised Fund can grow tax free(which means more dollars for charitable purposes.) Investments in your Fund grow tax free to support more giving in the future. The CASIF Fund lets you structure your giving over time, enabling you to leverage the impact of your grants to worthwhile causes.

Other tax considerations
When contributing the following asset types to CASIF, donors can deduct the full market value of the asset subject to the AGI limitations mentioned above. If contributed to private foundations, the donor's deduction would likely be limited to cost basis.

• Closely held stock (C-corp or S-corp).
• Real estate.

Note: The information provided herein is for informational purposes only and should not be interpreted to constitute legal and/or tax advice. Donors should consult their legal and tax advisors regarding their specific situations.