Deadlines for year-end charitable giving and grant recommendations

SVCF is committed to making your year-end giving easy and meaningful. We want to share these important giving and grant recommendation deadlines, to help ensure that all gifts are properly credited for 2017 and grants are processed in a timely manner.

Charitable gifts to SVCF

  • As required by the IRS, in order for you to claim a charitable deduction for this tax year, ownership of your gifted asset must transfer to SVCF on or before Dec. 31, 2017. Please note that illiquid assets, such as real estate, must be initiated as soon as possible as complex gifts generally take longer to transfer.
     
  • Contributions made by check and delivered via U.S. Mail must be postmarked on or before Dec. 31, 2017, or delivered to SVCF's offices on or before Dec. 29, 2017. 
     
  • Envelopes mailed through private mailing services such as FedEx must be received in our office by the morning of Dec. 29, 2017, to be processed as 2017 gifts.
     
  • Gifts of closely held stock, publicly traded stock held by a broker and mutual funds should be initiated by Monday, Dec. 4. Gifts of stock that are transferred via depository trust company (DTC) will be acknowledged the day the stock is credited to SVCF’s brokerage account. DTC transfers typically take 24 hours to complete, but brokerage firms might be delayed in processing clients’ requests at year-end because of the volume of transfer instructions that come in at this time.
     
  • Cash wire transfers should be initiated by Dec. 4.
     
  • Other, more complex contributions, such as restricted stock or other gifted assets, may require approval from our Gift Acceptance Committee. We request that you initiate these donations as soon as possible.

Grants from charitable funds at SVCF to other nonprofit organizations

  • Grant recommendations to organizations in the U.S. must be submitted by Friday, Dec. 8, 2017, to be processed by Dec. 31, 2017. 
  • Grant recommendations to organizations outside the U.S.: Vetting must be complete and the organization must return a signed agreement to SVCF by Dec. 8, 2017. Please submit recommendations as soon as possible. 

SVCF is committed to offering the most reliable and efficient service to donors and professional advisors. Please contact us at donate@siliconvalleycf.org or call us at 650.450.5444 if you have any questions about specific types of gifts or timing.

Thank you for your consideration, and we wish you a very happy holiday season!