Gift tax in the United States
If a person is a non-resident alien for purposes of gift tax, taxation of gifts is determined in a different way. If the property is not located in the U.S., there is no gift tax. If it is intangible property, such as shares in U.S. corporations and interests in partnerships or LLCs, there is no gift tax.
Endowment tax
The city of Cambridge, Massachusetts, has proposed taxing MIT and other major universities on these previously exempt, non-profit earnings, however most organizations still fight against the introduction of this tax.When a donation exceeds 50 percent of the donor's adjusted gross income (AGI), the IRS will limit the amount of money donated by the donor. Some donors are likely to have a 20% to 30% tax exemption, and marital status may affect that amount, so it is best to consult a tax adviser before making a big charitable donation. In addition, the life insurance death claim donation is not restricted by AGI.