The impact of this change to most of our families will be the loss of deductibility of gifts of currency that are not included in a giving envelop.  Contributions of loose coins and bills that previously could be tracked by only the donor’s own records are now ineligible for inclusion as deductible charitable contributions.  The U.S. rules are now the same as those in Canada.

Attached Media
File
CashContributions.doc (30.5 KB)
This content is licensed under Creative Commons - Attribution, NonCommercial, No Derivatives (learn more). The Network hosts user-submitted content. Posts don't necessarily imply CRCNA endorsement, but must comply with our Community Guidelines.
Subscribe to Comments
Mark for Review

Let's Discuss

We love your comments! Thank you for helping us uphold the Community Guidelines to make this an encouraging and respectful community for everyone.

Login or Register to Comment
Posted In
Resource Type
Policy or Guidelines

We want to hear from you.

Connect to The Network and add your own question, blog, resource, or job.

Add Your Post