Preface ix About the Author xi Book Citations xiii Part One Introduction to the Tax Law of Charitable Giving 1 Chapter One Charitable Giving Law: Basic Concepts 3 1.3 Principles of Charitable Organizations Law Philosophy 3 1.4 Statistical Profile of Charitable Sector 3 Chapter Two The United States Tax System: An Overview 5 2.5 Deductions 5 2.6 Standard Deduction 6 2.7 Concept of Taxable Income 6 2.15 Taxation of Income 7 Part Two Basics of Charitable Giving Law 9 Chapter Three Fundamental Concepts 11 3.1 Meaning of Gift 11 3.

2 Meaning of Donor 15 3.4 Public Charities and Private Foundations 16 3.6 Factors Affecting Income Tax Deductibility of Charitable Gifts 20 3.7 Charitable Organizations Listing Reliance Rules 20 Chapter Four Gifts of Money and Property 25 4.3 Gifts of Long-Term Capital Gain Property in General 25 4.4 Gifts of Ordinary Income Property 25 4.8 Step Transaction Doctrine 25 Part Three Charitable Giving In General 27 Chapter Six Timing of Charitable Deductions 29 6.13A Gifts of Easements (New) 29 6.

15 Gifts by S Corporations 30 6.16 Gifts by Partnerships 30 Chapter Seven Percentage Limitations 31 7.2 Individual''s Contribution Base 31 7.4 Percentage Limitations: An Overview 31 7.4A Sixty Percent Limitation 32 7.5 Fifty Percent Limitation 33 7.12A Qualified Conservation Contributions 33 7.12B Conservation Gifts by Farmers and Ranchers 35 Chapter Eight Estate and Gift Tax Considerations 39 8.

2 Federal Gift Tax 39 Chapter Nine Special Gift Situations 41 9.3 Inventory 41 9.7 Conservation Property 42 9.10 Retirement Plan Accounts 51 9.19 Bargain Sales 52 9.22 Contributions by Trusts 52 9.22A Contributions by Estates 54 9.25A College Seating Rights 58 Chapter Ten Other Aspects of Deductible Giving 59 10.

1 Valuation of Property 59 10.4 Conditional Gifts 61 10.7 Interrelationship with Business Expense Deduction 61 10.14 Penalties 62 10.15 Transactions of Interest 64 Part Four Planned Giving 69 Chapter Eleven Valuation of Partial Interests 71 11.3 General Actuarial Valuations 71 Chapter Twelve Charitable Remainder Trusts 73 12.1 Definitions 73 12.2 Charitable Remainder Annuity Trust Rules 73 12.

3 Charitable Remainder Unitrust Rules 76 12.4 Issues 76 12.10 Private Foundation Rules 77 12.12 Calculation of Charitable Deduction 77 12.13 Regular Termination of Charitable Remainder Trusts 80 Chapter Thirteen Pooled Income Funds 83 13.7 Pass-Through of Depreciation 83 Chapter Sixteen Charitable Lead Trusts 85 16.7 Private Foundation Rules 85 Part Five International Charitable Giving 87 Chapter Eighteen International Giving by Individuals during Lifetime 89 Part Six Administration of Charitable Giving Programs 91 Chapter Twenty-One Substantiation and Appraisal Requirements 93 21.1 Introduction 93 21.

2 Record-Keeping Requirements for Gifts of Money 94 21.2A Substantiation Requirement for Conservation Contributions 95 21.3 Substantiation Requirements for Gifts of $250 or More 95 21.4 Substantiation Requirements for Noncash Gifts 101 21.5 Appraisal Requirements 104 21.7 Rules as to Clothing and Household Items 107 21.7A Substantiation Requirements for Gifts to Donor-Advised Funds 107 21.8 Burden of Proof Rules 108 Chapter Twenty-Three Special Events, Corporate Sponsorships, and Donor-Advised Funds 109 23.

4 Donor-Advised Funds 109 Part Seven Appendices 119 Appendix H Monthly Federal Interest Rates Used in Valuing Partial Interests (IRC § 7520) 121 Appendix I Deemed Rates of Return for Transfers to New Pooled Income Funds 129 Part Eight Tables 131 Cumulative Table of Cases 133 Cumulative Table of IRS Revenue Rulings and Revenue Procedures 147 Cumulative Table of IRS Private Determinations Cited in Text 151 Cumulative Table of IRS Private Letter Rulings, Technical Advice Memoranda, and General Counsel Memoranda 155 Cumulative Table of Cases Discussed in Bruce R. Hopkins'' Nonprofit Counsel 165 Cumulative Table of IRS Revenue Rulings Discussed in Bruce R. Hopkins'' Nonprofit Counsel 171 Cumulative Table of Private Letter Rulings and Technical Advice Memoranda Discussed in Bruce R. Hopkins'' Nonprofit Counsel 173 About the Online Resources 175 Cumulative Index 177.