What is the rule on giving gifts to the museum at the end of the year and being able to take the income tax deduction? Does the gift have to be in possession of the museum by the end of the year, or is a verbal or written proposal of the gift (and perhaps written agreement to accept) necessary for the deduction to be honored. Thanks for your help. Gail Kana Anderson Fred Jones Jr. Museum of Art The University of Oklahoma [log in to unmask] 405.325.3272; fax 405.325.7696