Answer: Few organizations provide ratings of charities, and their coverage is very limited (especially when you consider that there are more than 1 million charities operating in the U.S.). The two most prominent are:
CharityNavigator.org describes itself as “America’s Largest Charity Evaluator” and provides “star” ratings (0 to 4 stars) on roughly 5,400 larger charities. [...]
Answer: The answer depends in part on your type of relationship with the charity (see “What types of charity relationships do you want?”). Expect less from a charity if you are a Distant giver, and much more if you are Fully Involved.
No matter what type of relationship you have with the charity, it should:
Respond [...]
Answer: Look for the “3 Cs” (capability, cost and compatibility) –
Capability — Does the attorney have the training, skills and experience to handle the work?
Answer: Yes! Leaving a gift to charity should be considered as part of your estate planning, but it needn’t be a complicated matter. Take a look at the following table – showing several tools available
Answer: To do a good (as in thorough) job, you have three tasks:
Focus your giving on what’s important to you by examining what you value and care about, what you’d like to see done better or changed, and whether you want to help locally, regionally, nationally or internationally.
Create a short list of charities whose missions and [...]
Answer: First, let’s make sure you’re talking about an event of a Qualified Organization (QO) — if this wasn’t a QO you don’t get to deduct anything.
Next, you have to look at the value of the meal, entertainment and other benefits you received for attending. If, for example, the value of those benefits was $70, [...]
Answer: First, you can’t deduct the value of your time or services. If you volunteer for a Qualified Organization (QO), however, you can deduct on your income taxes:
For the use of your car: actual costs of gas and oil to and from the QO location, or 14 cents per mile (it’s your choice) – plus [...]
Answer: For IRS purposes, you don’t get a charitable contribution deduction unless you made your donation to a Qualified Organization (QO). To be a QO, the organization must
Be a church or
Be a government or
Apply to the IRS
Concerning category #3, if it’s not listed in IRS Publication 78 it’s not a QO — and you don’t [...]
Answer: “φιλανθρωπία” (pronounced “philanthrōpía”) is Greek for philanthropy and means love for mankind. The English definition of philanthropy is ” . . . concern for human welfare and advancement, usually manifested by donations of money, property, or work . . . .”
If you donate or volunteer for the benefit of others, you are a φιλάνθρωπος [...]