One way for Americans to make gifts for specific purposes and not to incur tax liability of any sort is to swerve around the intended recipient.
They may explicitly suggest a $50 gift, for example, or they may list a series of items — a mug, a CD, a T-shirt — that serve as thank-you gifts for specific donation levels.
The organization deducted an average of 6.9 cents of every dollar for administrative purposes, it said, from $14 million collected from donors who earmarked their gifts for specific charities, a program the United Way calls Donor's Choice.
Another option would be to follow the traditional gifts for specific anniversaries, such as silver, gold, etc.
You may choose to designate your gift for a specific purpose, such as health care, research, education, or head and neck cancer programs.
Collection is open for use, but see deed of gift for some specific instructions regarding this gift.
Never, ever place a bet on a crowdfunded digital hardware project with the goal of giving the product as a gift for a specific event, say a birthday or anniversary.
Use your phone to build gift lists for specific people, share lists with others and track your budget as you check off items.
The startup's first products were gift cards for specific e-book titles sold in Target and other stores.
It's a solution that is also being tapped by a startup I wrote about last year called Regalii, which cleverly offers its customers the option of selecting gift cards for specific services as one way of guaranteeing how the money gets spent.
You can also purchase pre-paid gift cards for specific online merchants.
