Tips for Charity Donation

Contributing to a charity of your choice is an admirable thing to do. Whether it’s for a local homeless shelter or for medical purposes, any donation that’s given is welcomed with open arms. You would hope that every donation that is received goes towards food, shelter, or any of the sort. There are charities, however, that takes a large portion of the donations received and uses them for purposes such as advertising, salaries, and operating costs.
This is nothing to be surprised about as there needs to be some form of funding to continue operations. As a donator, you need to be comfortable with knowing that your money could potentially not be used for the purposes that you planned for. There’s obviously no way of tracking where every cent is going to but one thing you do have control over is choosing your charity organization.
Smaller-sized charities, many you can find locally, usually don’t have a tendency to be that well-known, hence the lack of advertising. But if you look around your local community, you can probably find a homeless shelter or some form of organization that you can inquire about.
Another perk of donating to charity is the ability to use it as a tax write-off. Be sure to check with the Internal Revenue Service (IRS) before you donate to ensure that they are registered. If you don’t see them on their list of approved charities then you will not receive any write-offs or tax deductions applicable to your refund.
Bio: Ferhan Patel is the Director of Global Risk and Compliance for Payza, an online payment platform that specializes in e-commerce processing and corporate disbursements.