Yes. When you make a gift, you receive the full tax advantages available by law for gifts to public charities. Donors are able to avoid capital gains tax for gifts of appreciated assets, and donors’ estate tax liability may be reduced. SunTrust Bank will provide a receipt to substantiate your charitable income tax deduction in the year the gift is made in accordance with IRS rules.
The “Payment History” tab within the SunTrust Bank donation portal offers donors the ability to view previous online donations. There is an option to print individual donations for record keeping purposes.