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 7 § 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 17 § 3.4 Public Charities and Private Foundations 18 § 3.6 Factors Affecting Income Tax Deductibility of Charitable Gifts 21 § 3.7 Charitable Organizations Listing Reliance Rules 21 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 Chapter Five Fundamentals of Planned Giving 27 § 5.5 Pooled Income Funds 27 Part Three Charitable Giving In General 29 Chapter Six Timing of Charitable Deductions 31 § 6.

13 Gifts of Real Property 31 § 6.13A Gifts of Easements (New) 31 § 6.15 Gifts by S Corporations 32 § 6.16 Gifts by Partnerships 32 Chapter Seven Percentage Limitations 33 § 7.2 Individual''s Contribution Base 33 § 7.4 Percentage Limitations: An Overview 33 § 7.4A Sixty Percent Limitation 34 § 7.5 Fifty Percent Limitation 35 § 7.

12A Qualified Conservation Contributions 36 § 7.12B Conservation Gifts by Farmers and Ranchers 37 Chapter Eight Estate and Gift Tax Considerations 41 *§ 8.2 Federal Gift Tax 41 *§ 8.4 Unification of Taxes 42 Chapter Nine Special Gift Situations 43 § 9.3 Inventory 43 *§ 9.7 Conservation Property 44 § 9.10 Retirement Plan Accounts 54 *§ 9.15 Unreimbursed Expenses 54 § 9.

19 Bargain Sales 55 § 9.22 Contributions by Trusts 56 § 9.22A Contributions by Estates 57 § 9.23 Partial Interests 62 § 9.25A College Seating Rights 62 *§ 9.31 Public Policy Considerations 63 Chapter Ten Other Aspects of Deductible Giving 65 § 10.1 Valuation of Property 65 § 10.4 Conditional Gifts 67 § 10.

7 Interrelationship with Business Expense Deduction 67 *§ 10.14 Penalties 68 *§ 10.15 Abusive Tax Transactions 70 Part Four Planned Giving 77 Chapter Eleven Valuation of Partial Interests 79 § 11.3 General Actuarial Valuations 79 Chapter Twelve Charitable Remainder Trusts 81 § 12.1 Definitions 81 *§ 12.2 Charitable Remainder Annuity Trust Rules 82 § 12.3 Charitable Remainder Unitrust Rules 84 § 12.4 Issues 84 § 12.

7 Early Terminations of Charitable Remainder Trusts 85 *§ 12.7A Basis in Disposition of Term Interest 86 *§ 12.8 Taxation of Charitable Remainder Trusts 87 § 12.10 Private Foundation Rules 87 § 12.12 Calculation of Charitable Deduction 88 § 12.13 Regular Termination of Charitable Remainder Trusts 90 Chapter Thirteen Pooled Income Funds 93 *§ 13.5 Mandatory Provisions 93 § 13.7 Pass-Through of Depreciation 93 Chapter Sixteen Charitable Lead Trusts 95 *§ 16.

4 Tax Treatment of Charitable Lead Trusts 95 § 16.5 Testamentary Use of Charitable Lead Trusts 95 *§ 16.7 Private Foundation Rules 96 Part Five International Charitable Giving 99 Chapter Eighteen International Giving by Individuals During Lifetime 101 *§ 18.4 Control over Foreign Donees 101 PART SIX ADMINISTRATION OF CHARITABLE GIVING PROGRAMS 103 Chapter Twenty-One Substantiation and Appraisal Requirements 105 *§ 21.1 Introduction 105 *§ 21.2 Record-Keeping Requirements for Gifts of Money 106 *§ 21.2A Substantiation Requirement for Conservation Contributions 107 *§ 21.3 Substantiation Requirements for Gifts of $250 or More 107 *§ 21.

4 Substantiation Requirements for Noncash Gifts 114 *§ 21.5 Appraisal Requirements 117 *§ 21.7 Rules as to Clothing and Household Items 121 *§ 21.7A Substantiation Requirements for Gifts to Donor-Advised Funds 121 § 21.8 Burden of Proof Rules 121 Chapter Twenty-Three Special Events, Corporate Sponsorships, and Donor-Advised Funds 123 *§ 23.4 Donor-Advised Funds 123 Part Seven Appendices 135 Appendix H Monthly Federal Interest Rates Used in Valuing Partial Interests (IRC § 7520) 137 Appendix I Deemed Rates of Return for Transfers to New Pooled Income Funds 145 Part Eight Tables 147 Cumulative Table of Cases 149 Cumulative Table of IRS Revenue Rulings and Revenue Procedures 163 Cumulative Table of IRS Private Determinations Cited in Text 167 Cumulative Table of IRS Private Letter Rulings, Technical Advice Memoranda, and General Counsel Memoranda 171 Cumulative Table of Cases Discussed in Bruce R. Hopkins'' Nonprofit Counsel 181 Cumulative Table of IRS Revenue Rulings Discussed in Bruce R. Hopkins'' Nonprofit Counsel 187 Cumulative Table of Private Letter Rulings and Technical Advice Memoranda Discussed in Bruce R.

Hopkins'' Nonprofit Counsel 189 About the Online Resources 191 Cumulative Index 193.