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Charitable Contribution
A gift of cash, securities, or property to an organization whose sole purpose is to finance or perform charitable, religious, educational, scientific, artistic, literary, humanitarian or other good works. When you make a charitable contribution to an organization that has been recognized under Section 501(c)(3) of the Internal Revenue Code, you may be able to deduct the amount of the donation or the market value of the donated property from your taxable income or taxable estate.
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Charitable Contribution