Tax Benefits of Giving Through JCF

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Jefferson Community Foundation is a public charity, classified under Section 501(c)3 fo the IRS code. This means all contributions through JCF are tax-deductable.

Specifically, what this means to you as a donor is the following:

  • You can deduct the value of your gift for tax purposes in a specific and/or particularly advantageous year, yet provide for the distribution of your donations over a course of time.
  • You and your heirs can avoid punitive estate taxes on gifts made.
  • With a gift of appreciated stock, you can avoid costly capital gains taxes while realizing the maximum deductibility of your donation.

Compared to many other charitable giving options, including gifts to a separate, private foundation, the rules and regulations governing Jefferson Community Foundation are much less onerous.