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<blockquote data-quote="B Lifsey" data-source="post: 999261" data-attributes="member: 931"><p>I think if you give a donation and designate it to benefit a specific individual, then it is not tax deductible. But if you give for a specific designated purpose like a scholarship and the organization controls which individual receives benefit from that donation it is deductible. For example, if you donate to GTAA and designate that the donation must be used as scholarship for Haynes King then it is not deductible. But, if you donate to a GTAA scholarship fund and GTAA selects to give funds to Haynes King then it is deductible.</p></blockquote><p></p>
[QUOTE="B Lifsey, post: 999261, member: 931"] I think if you give a donation and designate it to benefit a specific individual, then it is not tax deductible. But if you give for a specific designated purpose like a scholarship and the organization controls which individual receives benefit from that donation it is deductible. For example, if you donate to GTAA and designate that the donation must be used as scholarship for Haynes King then it is not deductible. But, if you donate to a GTAA scholarship fund and GTAA selects to give funds to Haynes King then it is deductible. [/QUOTE]
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