Although this sounds like a horrendous conceit, I marvel at this book. More accurately, I marvel at the expanse of this book. The very title suggests a subject that ought to be summarized in a pamphlet: The Tax Law of Charitable Giving. The principal reason for my amazement: How can something as seemingly simple and innocent as charitable giving generate so much law? It is, I suppose, a hallmark of our society; matters of law are quite complicated in the United States, and this includes the matter of the tax law consequences of transferring money and property to charitable organizations.

There is another reason for my wonder, one that is personal. By the early 1990s, this book had been on my mind for a considerable time. It had been written, in fits and starts, on many occasions over the years, with the manuscript pages ending up accumulating in this storage box and that file. It took some gentle prodding by the wonderful people at John Wiley & Sons—specifically, for the initiation of this project, Jeffrey Brown (long since retired) and Marla Bobowick (now a consultant in the charitable sector)—to get me going on completion of the book. The first edition appeared in 1993. Martha Cooley skillfully continued in the fashion of her predecessors; the second edition arrived in 1997. Susan McDermott provided the impetus for the third and fourth editions (2005, 2010) of the book. Lia Ottaviano oversaw production of the fifth edition (2014). Brian Neill has had the good fortune to nurture this sixth edition to existence (although I am not certain he sees the experience this way).

It is not that I did not want to write this book; that is certainly not the case. In fact, I long dreamed of—it seems rather immodest to say it—a trilogy. This idea reflects what is now more than 50 years of law practice entirely in the realm of nonprofit organizations. I see the law uniquely affecting these organizations as falling into three general fields: the law of tax-exempt organizations, the law of fundraising, and the law of charitable giving.

By the time the pressure was mounting to write a book on charitable giving, the books on tax-exempt organizations law and fundraising law had been published (by Wiley, of course). Certainly, the time had come to begin (actually, rebegin) the writing of the third book. But I found my writing time diverted to other subjects (such as other books, book supplements, and my monthly newsletter); postponement of the charitable giving book had become the order of my days.

I have been writing books, published by Wiley, for more than 40 years. (The first book, the third edition of The Law of Tax-Exempt Organizations, was published in 1979. The predecessor to The Law of Fundraising was published in 1980.) These and other Wiley books I have been involved with entail the writing of annual supplements. As the 1980s unfolded, I discovered something unusual: I enjoy writing supplements. (There is something perversely challenging about simultaneously correcting prior mistakes while capturing and integrating subsequent developments.)

Thus, while writing supplements to the tax-exempt organizations and fundraising books, I found myself wanting to write supplements for a book on the law of charitable giving. This was (and is) because of the immense swirl of developments in the law taking place in all three arenas. The problem, however, was obvious: One cannot supplement a book that does not exist—or exists only in the realm of the author's mind.

So I set about to finish what became the first edition of this book. This is not to imply that I wrote it just so I could justify the writing of supplements for it (although a case can be made that that was a partial reason). I wrote the book because I was impressed with the volume of law being generated in the field; I wanted readers to have a book that explains the basics and new developments concerning the law of charitable giving in a comprehensive manner.

The law on the subject of charitable giving has become intricate; there is no letup in sight. Those who need to keep up with the law in this area deserve a single place to go to find both the fundamentals and the recent developments. With the trilogy now firmly in place (all three books being annually supplemented), the federal tax law of charitable giving can be placed in its appropriate context. The book reflects the parade of much legislation: not only the magnificent Tax Reform Act of 1969 (in place, of course when the book was first written) but laws enacted over the years of the book's existence, from the Omnibus Budget Reconciliation Act of 1993 to the Tax Cuts and Jobs Act (2017) and beyond.

The Treasury Department and the IRS are also quite busy in the charitable giving field, promulgating much in the way of regulations, notices, announcements, forms, private letter rulings, and technical advice memoranda. Issues and subjects in the realm of the tax law of charitable giving that the IRS has recently addressed include gifts where the donor retains the ability to manage the gift property, regulations concerning the charitable remainder trust characterization and ordering rules, a controversial (and withdrawn) proposal concerning the impact of spousal elective share laws on the qualification of charitable remainder trusts, regulations concerning the taxation of charitable remainder trusts with unrelated taxable income, record keeping and substantiation rules imposed in connection with cash and noncash contributions, proposed regulations concerning new rules pertaining to qualified appraisals and appraisers, guidance issued by the IRS as to the federal tax consequences of division of charitable remainder trusts, and gifts of conservation easements and the syndication of these arrangements.

One of the most momentous IRS initiatives, however, is promulgation of the revamped Form 990, the annual information return filed by the larger charitable organizations. Of the many resulting ramifications of this return, one of the most significant is the reporting requirements concerning noncash contributions (reflected in Schedule M accompanying the return).

The courts continue to churn out opinions that shape and reshape the law of charitable giving. Certainly, in recent years, there has been intense focus on cases concerning gifts of easements. In some instances, a charitable contribution deduction was allowed; in most instances, it is not. The latter instances involved circumstances where the special rules concerning conservation easements were not followed, there was a valuation issue, or the gift substantiation or appraisal requirements were not satisfied. Several recent opinions apply the accuracy-related and overvaluation penalties.

This book is offered as a vehicle to survey the law and minimize the confusion as to the federal tax law of charitable giving. This edition of the book has been substantially rewritten and reorganized. This time around, I am generally satisfied that nearly everything relevant through most of 2020 has been captured.

If readers suspect that my using the writing of prefaces to praise the outstanding folks at John Wiley & Sons is simply a routine courtesy, please believe otherwise. These people have been marvelously supportive (and adept at enforcing deadlines). The publisher's devotion to the production of quality publications in the nonprofit field warrants unstinting praise. The Wiley Nonprofit Law, Finance, and Management Series is an unparalleled collection of books in the area. I am honored to be among those who have been and are contributing to this substantial body of knowledge.

Thus, my sincere thanks go to my development editor, Brian Neill, and to Caroline Maria Vincent, production manager, for their assistance and support in connection with this project. Additional thanks are accorded Greg Gietzen, who greatly aided me with footnote citations during the pandemic.

Bruce R. Hopkins