Contents

CONTENTS5.7 Charitable Lead Trusts 1625.8 Planned Giving: Other Forms 1655.9 Planned Giving and Securities Laws 166PART THREECHARITABLE GIVING IN GENERALChapter Six Timing of Charitable Deductions 1716.1 Gifts of Money in General 1736.2 Gifts of Money by Check 1736.3 Gifts of Money by Credit Card 1756.4 Gifts of Money by Telephone 1766.5 Gifts of Securities 1766.6 Gifts of Copyright Interest 1786.7 Gifts by Means of Notes 1796.8 Gifts by Letters of Credit 1796.9 Gifts of Property Subject to Option 1806.10 Gifts of Credit Card Rebates 1816.11 Gifts of Tangible Personal Property 1816.12 Gifts of Real Property 1816.13 Gifts by Corporations 1826.14 Gifts by Partnerships 1836.15 Gifts by Means of the Internet 185Chapter Seven Percentage Limitations 1877.1 Introduction 1887.2 Individual’s Contribution Base 1907.3 Corporation’s Taxable Income 1917.4 Percentage Limitations: An Overview 1917.5 Fifty Percent Limitation 1937.6 Thirty Percent Limitation for Gifts of Certain Property 1987.7 Electable 50 Percent Limitation 2027.8 General 30 Percent Limitation 2077.9 Interplay of 50 Percent/Special 30 Percent Limitations 2087.10 Interplay of 50 Percent/General 30 Percent Limitations 2097.11 Interplay of Special 30 Percent/General 30 Percent Limitations 2107.12 Twenty Percent Limitation 2107.13 Gifts for the Use of Charity 212 vii