Outright Gifts: Cash, Stock or Other Property
In the typical situation, your gift will be for the charity's benefit only, and the charity will take possession of the gift immediately. This type of gift is called an outright gift. This arrangement satisfies the general rule that a gift to charity must be paid to the charity in the form of money or property before the end of the tax year to be deductible for income tax purposes.
For further information
Ash Robinson at 801-977-0444 firstname.lastname@example.org