Love, Money

Donating to a Charity: 4 Key Tips to Know

Every year, more than 50% of Americans make at least one donation to charity. They give charities well over $400 billion when everything is all said and done.

Are you thinking about donating to a charity this year? If so, there are some things that you should keep in mind when you’re getting ready to do it. It’ll ensure that your donation is able to make a real difference in the world.

Here are four tips for donating to a charity.

1. Begin by Thinking About What Kind of Charity You Want to Support

There are more than 1.5 million charities scattered throughout the country right now. This can make it challenging to decide which one you want to support when you’re considering donating to a charity.

To start, you should think about what causes you’re passionate about. Do you want to donate to a charity that specializes in helping those who are dealing with:

  • Homelessness?
  • Domestic violence?
  • Cancer?

You should try to pick a cause that’s near and dear to your heart. It’ll make you feel even better than you would otherwise about donating to a charity.

2. Find a Charity With a Reputation for Doing Good Work

Once you know what kind of charity you want to support, you can begin looking for a specific charity that you’re going to give your money to. You should be able to figure out how to research a charity on the internet to see what they’re all about.

The charity that you choose should have a reputation for doing good work within their specific field. You’ll know that your donation is going to be used properly when you pick a charity like the National Brain Appeal.

3. Learn About What Your Donation Will Help a Charity Do

The best charities will do more than just ask you for your money. They’ll also tell you exactly what they’re doing to do with your donation once they receive it.

When you’re learning how to check out a charity, you should poke around on their website to see how they use their donations. You want to give your money to a charity that’s going to put as much of it as they possibly can towards helping others.

4. Get a Receipt After Donating to a Charity for Tax Purposes

You might be able to write off all or some of the donation that you make to a charity on your taxes. But in order to do it, you’re going to need documentation of your donation.

Ask a charity to set you up with a receipt for your donation. You can use it at tax time to show that you made a sizeable contribution to a charity.

Use These Donating Tips to Make Your Donation to a Charity Count

Now that you know how to donate to a charity, get out there and do it. There are so many charities that could really use your donation today.

Just make sure you keep these donating tips in the back of your mind when donating to a charity. They’ll make it possible for you to find the right charity to donate to.

Check out the other articles on our blog to find out more ways in which you can help make the world a better place.