@Cruiser The gifts can be given to the recipient tax free. But…(from the link you provided)
“Can Gifts Be Written Off on Tax Returns?
Most gifts are not tax-deductible, but there are at least two exceptions. The first is charitable contributions made to a qualified, tax-exempt organization. These contributions can be deducted only if you file an itemized tax return, and in order to claim a deduction for any donation larger than $250, you must provide records of the gifts in the form of things like receipts and cancelled checks.
In terms of the amount you can deduct from your taxes, cash contributions can be deducted up to 50 percent of your adjusted gross income (AGI), property gifts up to 30 percent, and capital gains assets up to 20 percent of your AGI.
The other exception is for business gifts. You may deduct up to $25 for gifts given to someone for the purpose of rewarding past business or encouraging future business relationships. ”
@ibstubro I am one of 2 directors for a qualified tax exempt organization. It is a prostate cancer support group – like Make a Wish but for guys with a “short time horizon” who are still spending their precious time working to support their families. We are a not-for-profit and spend 100% of funds on programs – Zero for administration.
Everything people donate is tax deductible. However, we can not pass through funds without jeopardizing our status.
By the way, for users of Amazon, smile.amazon.com donates 0.5% of your purchase if you specify the charity. They support us and we are grateful.
(If anyone is interested you can PM me for the name or link.)