A gift by check is one of the most common methods of charitable contribution. For gifts by check of $250 and more, donors must have written confirmation from the charitable organization. Per IRS regulations, canceled checks are no longer sufficient proof of a deductible gift at this level. Cancelled checks are acceptable for checks of less than $250. Cash gifts (not checks), regardless of the amount, must be accompanied by a receipt from the charitable organization in order to claim the deduction on your taxes.
For more information about gifts of cash, contact Larry Sandage, Director of Institutional Advancement, at 870-262-6033 or by email at lsandage@wrmc.com.
