IRCF meets all IRS and California State tax-reporting requirements for a non-profit 501(c)(3) corporation. A copy of our tax-exempt status letter can be obtained by contacting IRCF.

IRCF prides itself on being fiscally responsible with all generated income. Each year we fulfill our commitment to ensure that donations and generated income are applied to benefit conservation programs and not spent on unrelated expenses. Our administrative expenses have remained at 8%, thereby allowing $.92 of each dollar to be directly applied to actual project costs.

TAX CONSIDERATIONS ASSOCIATED WITH CHARITABLE DONATIONS

Neither the author, the publisher, nor the International Reptile Conservation Foundation, Inc. are engaged in legal or tax advisory service. For advice or assistance in specific cases, the services of an attorney or other professional advisor specializing in estate planning should be obtained. The purpose of this web site is to provide general gift, estate, and financial planning information. Watch for tax revisions. State laws govern wills, trusts, and charitable gifts made in a contractual agreement. Advice from legal counsel should be sought when considering these types of gifts. Calculations of tax deductions will vary based on applicable federal discount rates, which change on a monthly basis. Check for current deductions before completing your gift.

Donation Tax Benefits by Type

Cash Gifts (check, money order, credit card)

Your cash contribution entitles you to an income tax charitable deduction. You may deduct your total cash charitable gifts for the year for up to 50 percent of your adjusted gross income for that year. If your total cash charitable gifts for the year exceed 50 percent of your adjusted gross income, you may carry over the excess for up to five subsequent years.

Appreciated Assets / Securities

You can make your gift by contributing appreciated assets, such as stocks, bonds, mutual funds, or real estate. Your tax advantages are maximized if you donate appreciated assets that you’ve owned for more than one year. You obtain an income tax charitable deduction for the full current market value of the asset, and you avoid the capital gains tax that you would have paid if you sold the asset outright.

You may deduct your total charitable gifts of appreciated property for the year for up to thirty percent of your adjusted gross income for that year. If your total charitable gifts of appreciated property for the year exceed 30 percent of your adjusted gross income, you may carry over the excess for up to five subsequent years.