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How is the tax-deductible amount determined?

April 26, 2017tax-deductible

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How is the tax-deductible amount determined?

1 Answer

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Posted

The value of the contribution is based on the date it arrives in Renaissance Charitable Foundation, Inc. contribution receipt account. For contributions of securities, the value of the donor-advised fund account may be different than the determined value of the contributions. This difference is due to market fluctuations and liquidation costs.