January 2022

There’s no doubt that it feels great to help someone in need through charitable giving. There are more than 1.5 million nonprofit organizations in the United States that range from food banks and disaster relief centers to churches and cultural centers. While you may have altruistic reasons for donating to a charity that you support, there can also be tax benefits that come along with donations. Here are some important things to consider when thinking about donating a significant gift to an organization, whether monetary or otherwise.