Jessica Hebb, CPA
Kaylyn Varnum, CPA
Mike Batts, CPA
As we near the end of the year, you may want to communicate with your donors about charitable giving methods that will maximize both the tax benefits available to them and the amount of funding your organization can receive.
To assist you in that regard, our team has created a sample letter that reminds donors of the advantages associated with two main examples of such giving – donating appreciated assets and making qualified charitable IRA distributions. Specific to this year, we have included information about the potential benefits of accelerating charitable giving in 2025 to avoid the “floors” for itemized charitable contributions and, for higher-income individual donors, the 35% cap on the tax benefit of charitable giving that will apply beginning in 2026 under the “One Big Beautiful Bill Act” (OBBBA).
We hope you find it helpful!
Note that this sample letter is designed for use by churches, schools, and other publicly supported 501(c)(3) charities and is not intended for use by 501(c)(3) private foundations or supporting organizations. If you are a BMWL client and you have a question about the propriety of this sample letter for your organization, please reach out to us!
The sample letter can be accessed here.
Please note: When you click the link, the file will not open in the web browser. Instead, it will trigger an instant file download. In order to access the file, please check your device’s downloads folder.