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Author: irasmilo Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121570  
Subject: Re: Charitable deduction question Date: 7/30/2010 8:56 PM
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I just read Pub 526 and didn't find a clear-cut answer. What about deducting a contribution to the Nature Conservancy, for which you get a magazine? To me the value of the mag is zero--it's a collection of pretty pictures and updates on the projects of the group and some propaganda about global warming--nothing I'd ever consider paying for. But maybe we're supposed to assign some value to it and reduce our deduction by that amount. I dunno for sure but I'd guess that we can deduct the full amount. Right?

I doubt that the value of the magazine is $0. The Nature Conservancy probably establishes a value which should be communicated in their solicitations. You don't get to put the value on the subscription. Any amount you contribute above the subscription value is a deductible contribution.

Ira
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