Gifts of cash are fully deductible for federal and state income tax purposes. This means that if your combined federal and state income tax rate is 40 percent, then every $1,000 you donate to AEI costs you only $600 in after-tax income. The only limitation is that total charitable deductions may not exceed 50 percent of your adjusted gross income in the year the gift is made (but with a five-year carryover for the unused portion of your gift).
Other ways to give:
For further information contact Nicole Ruman Skinner, AEI's director of marketing, at 202-862-7189 or development@aei.org.
Back to Planned Giving.
