Charitable Tax Deductions & Benefits

Your Giving Fund can help you be more strategic about taxes. Not only can it make things a lot easier come tax season, but you may be eligible for charitable tax deductions and benefits that can help both you and, ultimately, the charities your Giving Fund supports.

Time Your Tax Deductions

Need a tax deduction this year? Sitting on unrecognized appreciation of your securities? You can contribute cash, publicly traded securities and certain complex assets* to your Giving Fund. There’s no rush in choosing a charity. You can decide later on the charity or cause you want your Giving Fund to support. You may be eligible for a tax deduction right away while you potentially grow your contribution into a more substantial Giving Fund for farther down the road.

Qualify for More Favorable Tax Benefits

Consider "bunching," a strategy where you consolidate multiple years of giving into your Giving Fund in a single year for potentially more favorable tax benefits. This approach may allow you to exceed the standard deduction and take advantage of itemization in the year you contribute. In the off years, you would take the standard deduction. All the while, you can draw on your Giving Fund to support your favorite causes as you typically do. In fact, "bunching" may improve your giving potential because the donated funds have an opportunity to grow, and all growth is tax free.

Minimize Capital Gains Taxes

Let's say there’s an upturn in the market. When you sell long-term capital gain property (like stocks), you often end up paying capital gains taxes. By contributing directly to your Giving Fund, you may eliminate capital gains taxes, which means you can maximize the assets available to support charities with your Giving Fund.

Grow Tax Free

When you open a Giving Fund, you get to recommend an investment strategy to potentially grow the value of your contributions. Since this growth is tax free, you can give even more to the charities you support.

Need some guidance? Use our planning tools.

View Contributions at a Glance

No paperwork or sorting receipts. Come tax time, access your full year's contribution history all in one place. You can review online or print.

Higher Deduction Limits

When you contribute cash or publicly traded securities (like stocks) to your Giving Fund instead of a private foundation, you are eligible for higher deduction limits, based on your adjusted gross income.

Compare the benefits of your Giving Fund vs. a private foundation



Based on Adjusted Gross Income


Giving Fund

Private Foundation

Appreciated Securities

Based on Adjusted Gross Income


Giving Fund

Private Foundation

Getting Started is Simple

Open your Giving Fund today and start making a bigger difference.

Or, call us and talk to one of our specialists.

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Charitable deductions are subject to Internal Revenue Code limitations, based generally on your adjusted gross income and the character of any securities you contribute to your Giving Fund. There may also be state and local tax benefits to making contributions, but the content provided here relates to taxation at the federal level only. Availability of certain federal income tax deductions may depend on whether you itemize deductions. Charitable contributions of capital gain property held for more than one year are usually deductible at fair market value. Deductions for capital gain property held for one year or less are usually limited to cost basis. 

*TIAA Charitable accepts certain complex assets, which may include real estate, C-corp stock, LLC and limited partnership interests, life insurance policies, patents, royalties, and copyrights. Contributions are subject to review by TIAA Charitable. Please contact us to discuss your specific situation.

Contributions to the Giving Fund are irrevocable. All recommendations from donors are subject to review and approval by TIAA Charitable.

TIAA Charitable does not provide tax advice. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor.

TIAA Charitable is the brand name for an independent public charity that maintains a donor-advised fund program. The TIAA name is a registered mark of Teachers Insurance and Annuity Association of America and is used by TIAA Charitable pursuant to a license.

TIAA Charitable, Inc. has been recognized by the Internal Revenue Service as a tax-exempt public charity under Sections 501(c)(3) and 170(b)(1)(A)(vi) of the Internal Revenue Code of 1986, as amended (the “Code”).