You make a gift of cash directly to CAMFED and you receive an immediate income tax charitable deduction.
An outright gift of cash is when you transfer funds to CAMFED and get nothing of financial value in return. The most common way for donors to make an outright gift is to write a check payable to CAMFED.
Unlike some other gift arrangements, your outright gift will provide resources that CAMFED can put to immediate use. If you prefer to restrict our use of your gift in any way, please contact us so that we can be sure that we can carry out your wishes.
You may deduct the full amount of your donation up to 50% of your adjusted gross income, providing tax savings if you itemize. You may carry forward all of your unused deduction for up to five additional years.
Most donors make an outright gift by writing a check payable to CAMFED and mailing it to us. You may also make a cash gift using your credit card.
Joann Clark would like to make an immediate $15,000 gift to CAMFED. Joann could write a check for this amount and earn a charitable deduction equal to $15,000. Alternatively, Joann could make a gift using her credit card by calling us on the phone, responding to a mailing, or by donating online through our website. Gifts of checks and gifts made via credit cards are considered cash gifts.
