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Cash Gifts made by cash, checks or credit cards are the most common ways of making a contribution to the Arapahoe Community College Foundation. These are often gifts made for current areas of need,

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What is cash gifts?

Cash gifts are monetary contributions given to someone without the expectation of repayment.

Who is required to file cash gifts?

Individuals who give cash gifts above a certain threshold are required to file a gift tax return with the IRS.

How to fill out cash gifts?

Cash gifts can be reported on IRS Form 709, where the giver must provide information about the gift amount and recipient.

What is the purpose of cash gifts?

Cash gifts are often given for special occasions such as birthdays, weddings, or holidays to show appreciation or provide financial support.

What information must be reported on cash gifts?

The amount of the cash gift, the identity of the recipient, and any relationship between the giver and recipient must be reported on the gift tax return.

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