Timing Your Gift Matters—Especially at Year-End

As the end of the year approaches, it becomes more critical to plan the timing of your gift. Here are some dates to remember depending on the type of asset you wish to give.

A Very Important Date
All gifts must be completed on or before Dec. 31 to qualify for an income tax deduction this year when you itemize on your federal taxes.

• Cash contributions sent through the mail are usually deductible if they are mailed by midnight on Dec. 31.
• Securities are generally deductible on the date they are fully transferred (if done electronically) to our books—not the date you ask your broker to make the transfer.

	Request our free guide on how to make the most of your giving at year-end.

• Real estate gifts, in most states, are considered complete on the date a properly executed deed is delivered to Lewis & Clark.
• Tangible personal property gifts are complete once the property is delivered to Lewis & Clark.
• Life insurance gifts are considered complete on the date you sign the paperwork transferring ownership to us, assuming you properly forward the form on to the insurance company.

If you would like help in planning your gift to receive full benefit this year, contact Sharon Bosserman-Benson for the Undergraduate or the Graduate School at 503-768-7911, 800-753-9292, or plangivg@lclark.edu, or the Law School development office at 503-768-6901 or lawgive@lclark.edu.