A pledge or gift made to the Brownstone Foundation, Inc. is tax-deductible to the full extent allowed by current tax laws as the foundation has 501(c)(3) tax-exempt status.  Every pledge and gift from you is promptly acknowledged with a letter of appreciation & receipt, which you may use for tax purposes.

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Pledges (Letter of Intent):

• A pledge is a written commitment to pay a specified amount sometime in the future.  It may be paid annually, quarterly, or monthly, over a one (1) to five (5) year period of time.  A pledge that is payable over multiple years affords you the opportunity to make a more substantial gift than might be possible if you were limited to making payment in full within a single year.

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Gifts:

• A gift is a one-time contribution that may be designated or unrestricted.  Unrestricted gifts may be used where the need is greatest, whereas a gift that is designated for a particular program, department, campaign, project, or scholarship will only be applied to the area specified by the donor.