4 Gifts That Have Big Impact AND Reduce Your Taxes

Giving from your wallet is a great and familiar way to support the Center for Public Justice – but there may be more cost-effective ways for you to give.

1. If you have appreciated stock that you’ve owned for at least a year, you can receive a double
   tax benefit by donating this stock to the Center for Public Justice. Not only will you receive a
   tax deduction for the fair market value of the stock, but you’ll also avoid paying capital gains
   tax.
2. Do you have real estate that has increased in value that you no longer need? Consider giving
   all or a portion of the property as a gift, prior to a sale. By doing so, you can bypass the capital
   gain and receive a charitable deduction.
3. If you are 70 ½ or older, you can make tax-free distributions from your IRA (individual
   retirement account), up to a maximum of $100,000 per year. These gifts count toward your
   annual required minimum distribution, and none of the IRA distribution will be included in your
   adjusted gross income.
4. Farmers can experience significant tax savings by gifting machinery and commodities –
   such as grains, soybeans, fruit and even livestock – before they are sold. You’ll reduce your
   taxable income, and you may be able to deduct the production costs for commodities, such as
   fertilizer or irrigation.
   Ready to learn more about how you can support the Center for Public Justice in smart and
   powerful ways? Contact Dawn Brotherton, Director of Development at CPJ, by calling
   202.695.2667 or emailing dawn.brotherton@cpjustice.org.