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Did You Know?
Cornell Fund Pledge Card When you receive your Annual Cornell Fund Pledge Card, check the Human Ecology box on your card as highlighted below: Cash Cash is the simplest, most direct and most popular type of charitable gift. A gift of cash is considered made on the date it is hand-delivered or mailed, and because of the charitable deduction, the net cost to a donor can be much less than the actual amount of the gift. Stocks Popular alternatives to cash are gifts of appreciated property, such as securities. Such gifts generate a double tax benefit. In addition to receiving on income tax charitable deduction for the true market value of the property, the donor escapes any potential tax on the capital-gain element in the gifted property. Note: To qualify for this double tax benefit, the property must have been held for more than one year. Credit Cards A quick and easy way to make a gift is to place it on your credit card. Like a cash gift, it is considered made on the date it is submitted on-line or hand-delivered or mailed. Contact: Alumni Affairs and Development |
