Business, 23.06.2020 10:57 puffley

Prompt A close family member explains that she does not give money to charity because she "wouldn't receive any personal benefit
from donating and because "most charities waste their donations on salaries and other administrative expenses."

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You have the control to decide which causes you ultimately want your donations going to. If you give donations to large organizations they have the control over exactly how the money is used but in your foundation you can dictate where and to whom you want the money going to. And if you donate to a non profit cvharity you will not be paying people that money will directly go to the orginization. From donating you can feel good about yourself, you did something good. It is unreasonable to say " wont recive personal benifits", in my opinion if you are looking for any personal benifit from donating to a non profit then you need a new hobby.

Although you can expect to not gain anything in the world as of money wise and materialistic things. When you donate to charity it shouldn't be about any of that it should be the sheer determination to do good and help others. Going into something like donating to charity could be compared to feeding the homeless, or helping out after a natrual disaster. People need help in the world and as a person, i belive that it is only right to donate if you are doing well financialy stop being greety.

Since worries of money wasting invades the minds of many people when it comes to donating, You will be entitled to a tax break when you will give your money as a gift to a nonprofit organization. At the end of years, you will get the taxable receipt from the charity you’ve donated to. you can keep it with the other tax documents and your tax amount will be deducted. If you are in 15% tax bracket, donating $100 will allow you to save 15% of the tax. In this way instead of giving your hard-earned money to the government, you can use it in a better way.

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Prompt A close family member explains that she does not give money to charity because she "wouldn't...

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