Do all nonprofits in your index fit certain criteria?
What do you accept as donations?
Can I donate via check?
Do you accept real estate as a donation? How does that work?
How can I donate part of my property?
How do you define marketable securities?
How do you classify a long-term capital gain property?
Q: Do all nonprofits in your index fit certain criteria?
A:
While it is necessary for every organization to meet our evaulation standards and receive approval by the Board of Directors, we realize that every organization is unique and we consider this fact when assessing each nonprofit.
Q: What do you accept as donations?
A:
We accept standard monetary donations as well as complex assets such as real estate & tradable securities. We also provide donors the option of making a contribution in another person's name through our gift card donations.
Q: Can I donate via check?
A:
Of course you can! Simply send a check to Philanthropy Fund of America, Attn: Donations Processing Group, 9780 Mount Pyramid Court, Suite 401, Englewood, CO 80112. Still can't find what you are looking for? Contact us and we'll be more than happy to help answer your question.
Q: Do you accept real estate as a donation? How does that work?
A:
We do accept real estate donations! Please review our Real Estate Donation Process for more details.
Q: How can I donate part of my property?
A:
Yes. The Philanthropy Fund provides donors flexibility whether they are looking to donate their entire property, or a portion of their real estate asset.
Q: How do you define marketable securities?
A:
We define marketable securities as tradable securities and mutual funds and will not accept non-public or restricted securities unless such restrictions are waived subject to donation.
Q: How do you classify a long-term capital gain property?
A:
If you have held the security for more than one year, it is classified as long-term capital gain property. You can deduct the full fair market value of the donated property. If held for more than one year, the mean of the high and low trading prices as reported on the date the donation of stocks or bonds is received by the Philanthropy Fund.