Giving Circle members enjoy benefits, some of which have a fair market value. The amount of your charitable contribution that is deductible for federal income tax purposes is the amount given less the fair market value of benefits you receive.
Giving Circle members receive a year-end summary letter of all contributions that can be used for tax purposes. The statement will reflect the average value of the added benefits enjoyed during the year. Year-end summary letters are mailed in January. To make your gift fully tax deductible, you may decline or waive benefits with a fair market value.
Please consult with your tax advisor to determine the potential deductibility of your gift.