Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [charity]

84 questions
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6 answers

Is "bank.gov.ua" the official website of the central bank of Ukraine?

Numerous websites have been encouraging people to donate to Ukraine, to their official government, via this website. (Note: ctrl+f "en" to find the English switcher.) Is this website legit (ie, controlled by the official government of…
blueorchid3
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How can I gift $41,000 to my friend anonymously? (Australia)

We both live in Australia. I don't want him to know it's from me. But I’m not hiding from the government. I’d prefer the money to go into his bank account so he can see it's real money. I have his home address, BSB/account number, phone number &…
Ally
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Charity say that donation is matched: how does this work?

I regularly give money to a few charities. Naturally these charities ask me to give again from time to time. In the past few years I noticed more and more often that some charities encourage me to donate with a message such as: And because of the…
Erwan
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27
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4 answers

How does giving money to charity save you money on your taxes?

I regularly hear about people giving money to charity to decrease their tax burden in the US. I don't understand the math of this. If I'm being taxed at a 40% rate, then I can give $500,000 to charity, write it off, and save $200,000 on my taxes.…
yossarian
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9 answers

In Germany, how can I maximize the impact of my charitable donations?

I have recently reached a point in my life where I want to start making regular donations to worthwhile charities, but I have no idea which charity is most "deserving" of my money. I understand that this is very subjective and what seems very…
Matt M.
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5 answers

How to donate money anonymously?

I would like to donate some money to a charity, but I would rather they not know who donated it. How could I go about this if cash isn't an option?
C. Ross
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Is it possible to give to charities anonymously?

Several years ago, I gave a small donation of $20 to a charity. Every few months, I've received mailings from them with news about the work they are doing and an encouragement to give more. I've never given them more and I'm pretty sure that the…
Thunderforge
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Is there a benefit to creating a donor advised fund to make charitable donations instead of simply donating to organizations each month?

I'm looking to set up recurring charitable donations to various groups, and I'm considering using a donor-advised fund through Fidelity or Vanguard. General question: Is there a benefit to placing money into an account like this, where part of the…
John Bensin
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How can this be enough to fund a scholarship in perpetuity?

I am trying to understand how funding for scholarhips works. I received this email recently: Some of you, and your colleagues, knew X, a long-time member of our Unit, who died recently. We have established a scholarship in her honour, seeking…
Flounderer
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Should I give to charity by check or credit card?

I intend to donate some money to a major charity. I could donate online with a credit card, or by mail with a check. I'd like to choose the method that is less expensive for the charity, so that more of my donation can go toward their programs. …
Nate Eldredge
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How does giving to charity work?

The title of this question is hopelessly vague, but here is what I'd like to know: I've always heard that even if you don't have much money, you should give to charity. It is tax-deductible. I'm not excellent at economics, but I was wondering two…
james
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5 answers

Is it standard to not provide receipts or invoices for donations?

I recently made a donation to a non-profit organizations that performs humanitarian assistance in places of conflict. Afterwards I remembered that my employer matches my donation up to a particular limit and I looked into how to accomplish this. My…
user111548
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Can making a donation reduce your tax bill?

If my adjusted gross income is $1000, and I make a donation of $100, then it seems that I'm still going to have to pay a tax on the $1000. The donation is deductible, so I don't pay any tax on that, but it hasn't reduced my tax bill. From saving on…
James Wanton
11
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1 answer

Can pretax lottery winnings be donated to charity?

Can pretax lottery winnings be donated to charity in the US simultaneously creating a deduction of the taxable lottery winnings and putting pretax proceeds to a productive cause?
CQM
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I gave items to a Charity Shop to sell, and signed up for Gift Aid on the donated items when sold. Should I put this on my Self-Assessment?

I gave items to a Charity Shop to sell, and signed up for Gift Aid on the donated items when sold. This increases the profit to the charity, who send me an annual letter informing me how much Gift Aid was claimed. Should I put this on my…
EleventhDoctor
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