Monday, October 12, 2009

Donate To Charities

Donate to Charities


If you've decided to donate to make a charitable contribution, you'll need to organize the details of the donation to make the most of your efforts. Donating to charity isn't limited to just money; you can donate food, clothing, pet supplies and even blood, depending on the organization. Making any type of donation may also make you eligible for a tax deduction, which ends up saving you money in the long-run.


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Instructions


Pick An Appropriate Cause For You


When choosing a charity, it is important to decide what is most important to you. Most likely, it will be something that has personally affected you.There are literally thousands of charitable organizations out there and the IRS recognizes nine main types of non-profit organizations.


1. Charitable Organizations. Includes religious, scientific and educational institutions as well as private foundations.


2. Social Welfare Organizations. Includes civic leagues and community organizations.


3. Labor and Agricultural Organizations. Includes labor unions and farm bureaus.


4. Business Leagues. Includes trade associations and chambers of commerce.


5. Social Clubs. Includes hobby and country clubs.


6. Fraternal Societies. Includes lodges and other such organizations.


7. Veteran's Organizations. Includes organizations of past or present members of the Armed Forces of the United States.


8. Employee's Associations. Includes voluntary employees' benefit associations and local associations of employees.


9. Political Organizations. Includes campaign committees and political parties.


One final factor you will want to consider is how much of your donation actually goes to the cause. While some foundations give 100 percent of the donation to those in need, others retain a percentage to cover operating costs. Charities will be up front about this (they have to, according to the IRS), so make sure to do your research so that you end up with an arrangement that makes you comfortable.







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