Andrew wrote:

- quote -

There is no such thing as 170(f)(8) organization. Code
section 170(f)(8) says that if you make a charitable gift of
more than $250, you have to meet certain substantiation
requirements in order to claim the deduction. Generally,
this involves getting a letter from the recipient
acknowledging the donation.

That being said, the YMCA of Greater St. Louis shows up as
a 501(c)(3) public charity on guidestar.org. Pub 78 is
notorious for missing organizations. I'd feel pretty
comfortable taking the deduction for the donation if it was
made for charitable purposes.

--Chris Ballard

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Andrew" <andrew[at]jkl.com> wrote:

- quote -

Section 170 is where the rules are for charitable
contributions to be treated as a deduction. 170(f)(8) is
the rule requiring substantiation of contributions of $250
or more. 170(f)(8) isn't a type of charity.

---
Drew Edmundson, CPA
Cary, NC

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

I recently gave some money to the YMCA of Greater St. Louis
as a memorial gift. I do NOT see them (lots of others YMCAs
in the country, but not this specific one) on the IRS
website Pub 78 (501(c)(3) Charities) at
http://www.irs.gov/charities/article...=96136,00.html.

Yet, this letter from them looks just like one I'd receive
for a 501(c)(3) org, indicating the date of gift, amount,
and disclaimer about not receiving any goods or services in
return. But I've never heard of a section 170(f)(8) ....
so, is this deductible as a chartible contribution, and if
not, why would then send me such a formal letter in return?

TIA.
----------------------------- Regards -

- Andrew

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >