Recent changes to federal tax law may affect how your charitable gifts are treated starting in the 2026 tax year. While tax considerations should never be the sole reason to give, understanding these updates can help you make informed decisions and potentially increase the impact of your support for people living with multiple sclerosis.
Below is a simple overview of what’s changing and what it could mean for you. We encourage you to consult with your tax or financial advisor if you have any questions.
A New Tax Benefit for Many Donors
Beginning in 2026, many taxpayers who take the standard deduction can once again receive a tax benefit for charitable giving. In the past, only people who itemized their deductions could deduct donations.
Now, eligible donors may be able to deduct a limited amount of cash contributions to qualified public charities like the Rocky Mountain MS Center—even if they don’t itemize. This change makes charitable giving more accessible and rewarding for donors at all giving levels.
Changes for Donors Who Itemize
If you typically itemize deductions and make larger charitable gifts, there are a few new rules to be aware of:
· Charitable deductions may apply only after your total giving exceeds a small percentage of your adjusted gross income.
· For some higher-income donors, the tax savings from charitable deductions may be slightly reduced compared to prior years.
These changes don’t eliminate the charitable deduction—but they do make timing and planning more important, especially for significant or multi-year gifts.
What Hasn’t Changed
While some rules are new, several important aspects of charitable giving remain the same:
· Gifts to qualified nonprofits like the Rocky Mountain MS Center are still deductible within IRS limits.
· Cash gifts, appreciated securities, and certain planned gifts continue to offer meaningful tax and philanthropic benefits.
· Charitable giving remains one of the most effective ways to support vital programs, services, and research.
Why This Matters for the Rocky Mountain MS Center
Your generosity directly supports individuals and families affected by MS through care, education, wellness programs, and community resources across the Rocky Mountain region. These tax law changes are designed to encourage giving at all levels—helping ensure organizations like ours can continue serving those who rely on us.
Planning Your Gift
Everyone’s financial situation is different. If you’re considering a gift in 2026—or planning a larger or multi-year contribution—we encourage you to speak with a tax or financial advisor about how these changes may apply to you.
Our team is also happy to discuss giving options and answer general questions about donating to the Rocky Mountain MS Center.
Frequently Asked Questions
Do I need to itemize my taxes to get a charitable tax benefit in 2026? Not necessarily. Many donors who take the standard deduction may now qualify for a limited tax benefit for cash gifts to eligible charities like the Rocky Mountain MS Center.
Are all donations eligible for a tax deduction? Most gifts to the Rocky Mountain MS Center qualify, including cash donations. Certain types of gifts, such as those made through specific giving vehicles, may have different rules. A tax advisor can help clarify what applies to you.
Will I still receive a tax receipt for my donation? Yes. We will continue to provide a written acknowledgment for all eligible contributions, which you can keep for your tax records.
Have the rules changed for stock or planned gifts? The basic tax advantages of gifts like appreciated securities and certain planned gifts remain in place. These options can still be a powerful way to give while managing taxes.
Should I change how or when I give? That depends on your individual situation. Some donors may benefit from planning gifts earlier or bundling donations. A tax or financial advisor can help determine the best approach for you.
Who can I contact with questions about giving to the Rocky Mountain MS Center? Our team is always happy to help. Please contact us directly if you have questions about making a gift or exploring different ways to support our mission.
