The Early Bird Catches the Deduction|
We are grateful to all of our donors and Columbus Jewish Foundation fund holders.
If in 2013 you plan to send a check, make a payment via credit card or gift of appreciated stock to the Foundation, we encourage you to do so promptly. The Internal Revenue Service requires that the envelope with your check be postmarked on or before Tuesday, December 31, 2013, to obtain a 2013 charitable deduction.
If you wish to make a credit card gift, you may do so by calling our office or visiting our website at www.columbusjewishfoundation.org.
If you are gifting stock, the stock must actually be in the Foundation’s account by Dec. 31, 2013 for you to receive a 2013 deduction. We therefore recommend that stock transfers be initiated on or before Dec. 23 to ensure that they are completed in time. (Start sooner if it’s a mutual fund transfer.) Even if you have written a letter to your broker, the IRS will consider your stock gift to be a 2014 gift, not 2013, if the gift is not in our account by Dec. 31, 2013.
To facilitate a stock contribution, please contact Foundation CFO Tammy Fitzpatrick at 614-338-2365 or tfitzpatrick.org. The sooner you do this, the greater the guarantee that your contribution will be processed in a timely way.
When you make a stock gift, please let Tammy know by sending her an email or calling her and giving her the relevant details so it can be processed quickly. (Please do not rely on your broker to inform us as this does not always happen.)
< We receive a large number of contributions this time of year, so please execute your donation on or before Dec. 23. If a stock gift is made after that date, you need to check with your broker as to when it will be in our account-- and let Tammy know. /p>
Thank you -- and thank you for your continued support of the Columbus Jewish Foundation. Remember that the early bird catches the deduction!