Epworth Children’s Home
2900 Millwood Ave
Columbia SC 29205
803-256-7394

Gifts of Cash

If you itemize, you can lower your income taxes simply by writing us a check. Gifts of cash are fully deductible––up to a maximum of 50% of your adjusted gross income.

For example, if your adjusted gross income for this year is $50,000, up to $25,000 of charitable gifts may be deducted this year. Any excess can generally be carried forward and deducted over as many as five subsequent years.

Copyright 2000-2013 by Calder P. Sinclair.  All rights reserved.  This information is designed to provide accurate and authoritative information in regard to the subject matter covered.  It is provided with the understanding that neither the author nor the publisher is engaged in rendering legal, accounting, or other professional services.  If legal advice or other expert assistance is required, the services of a competent professional person should be sought.