Plan Your Year-End Charitable Gifts

As the tax year comes to a close, make sure you’re ready to meet the deadlines for giving in 2018.

Thank you helping us strengthen our community. Click on the image to view the 2017 Annual Report.

Madison Community Foundation has several dates you should keep in mind when planning for your year-end charitable giving and grantmaking.

Plan ahead to make sure your gifts qualify for a charitable income tax deduction in the 2018 tax year.

Year-End Tax Receipting

In order to receive a 2018 deduction for a contribution to Madison Community Foundation by check, the contribution must be:

  • Received in the MCF office on or before December 31; or
  • Mailed in an envelope postmarked on or before December 31, and received in our office by January 8, 2019.

Year-End Charitable Giving


Credit Card Gifts

Gifts via credit card must be processed by MCF and the charge must appear on your credit card statement with a date of 12/31/18 or prior. We encourage donors to make credit card gifts online on or before December 28. Visit our online giving page to find a Fund and make your gift.


Gifts of Stock and/or Mutual Funds

Please contact Ann Casey (acasey@madisongives.org or 608-232-1763) as soon as possible for any stock or mutual fund gifts intended to be processed prior to the end of 2018. The transaction process can be lengthy depending on how the shares are held, thus early notification is helpful.

Please contact Ann Casey by December 15 for a mutual fund transaction and no later than December 21 to begin a stock transaction.


Gifts Via Passthrough Funds

Is your tax or financial advisor recommending you find additional tax deductions in 2018? A donor-advised passthrough fund at MCF can be a convenient way to make a single sizeable gift in 2018 and then recommend grants to multiple charities from the fund over time.

Please email Darcy Kobinsky or call her at (608) 232-1763 with questions or to open a new donor-advised passthrough fund.


Contribution/Distribution Policy for Passthrough Funds

Grant distribution(s) from passthrough fund can be made from the balance of the passthrough fund as of the first of that month, thus, any end-of-year gifts to passthrough funds would be available to grant out in January of 2019.


Grant Recommendations From Your Fund

The deadline for submitting grant recommendations is Monday, December 17, 2018. Following approval by the MCF Board, grant checks will be mailed the last week of December.

Grants may be requested by email, phone or by using our online portal at madisongives.org/login. Please email Connie Tibbetts or call her at (608) 232-1763 with questions regarding grant recommendations.


MCF’s normal business hours are Monday through Friday, 8:00 a.m. to 4:30 p.m. Please note that for the holiday season we will be closed the following days:  Monday, December 24, 2018; Tuesday, December 25, 2018; and Tuesday, January 1, 2019.

Learn more about Why Donors Give.