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The Katrina Emergency Tax Relief Act (KETRA), signed into law in September by President Bush to encourage donations to Hurricane Katrina charities, also provides tax incentives for contributions to other public charities—not just organizations helping Katrina victims.
Through December 31, 2005, UCSF donors may deduct up to 100 percent of their adjustable gross income for cash gifts made between August 28 through December 31, 2005—doubling the normal tax deduction allowed for such gifts.
KETRA presents a unique opportunity for UCSF donors, who may benefit from making an outright gift now rather than at a later time or who may wish to fulfill their gift commitments this year rather than gradually over time.
For information on how KETRA may affect your gift plans, please consult your financial advisor or contact the UCSF Office of Planned Giving at 415/476-1475.
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