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How To

How to Donate Money to Charity

Contributor
By eHow Contributing Writer
(9 Ratings)

Donating money or property is a good way to help a needy organization and get a tax write-off as well.

From Quick Guide: Donating to Charity
Difficulty: Moderately Easy
Instructions

Things You'll Need:

  1. Step 1

    Determine how much you want to donate annually. Meet with an accountant or tax preparer to identify an appropriate amount for your personal financial situation.

  2. Step 2

    Decide whether you want to donate to just one charity or to multiple charities.

  3. Step 3

    Contact the charities and ask them to provide you with information about the donation process.

  4. Step 4

    Determine, with your accountant or tax preparer, the optimal time to donate the money or property.

  5. Step 5

    Give your donation.

  6. Step 6

    Ask for a receipt that details your donation.

  7. Step 7

    Keep records of the value of any property you donate.

Tips & Warnings
  • Many employers sponsor an annual charitable drive, usually in conjunction with the United Way. This is an opportunity to give to several needy causes at one time.
  • Check to see if your employer will match any donations you make, including those to school PTAs.
  • Verify the validity of the charity. Ask for documentation of where funds will go and proof of the organization's nonprofit status.

Comments  

| View All 11 Comments

jrself99 said

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on 11/1/2009 Some people here could use donations, sad stories and some not so sad. www.iBEGyou.com

nevaeh18 said

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on 7/4/2009 great story about teen with cancer in her blog

http://destin4greatnesss.blogspot.com/

nevaeh18 said

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on 7/4/2009 great story about teen with cancer in her blog

http://destin4greatnesss.blogspot.com/

rbrtg said

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on 3/15/2009 Please verify the validity of Compassion.com.Thank you.

crushzzr said

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on 7/8/2008 Spend your money wisely. check out www.PerpetualEndowments.org

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