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What are the tax benefits of making a gift to the Hawaii Community Foundation?

April 26, 2017Benefits foundation gift Hawaii tax

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What are the tax benefits of making a gift to the Hawaii Community Foundation?

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Contributions to Hawaii Community Foundation receive the most favorable tax treatment because Hawaii Community Foundation is a public charity. A cash gift is the easiest way to create a named fund or add to an existing fund at Hawaii Community Foundation. Cash contributions are tax deductible up to 50 percent of adjusted gross income and long-term appreciated property is deductible up to 30 percent of adjusted gross income.