In general, explains the IRS, contributions to charitable organizations may be deducted up to 50 percent of adjusted gross income. Contributions to certain private foundations, veterans organizations, fraternal societies, and cemetery organizations are limited to 30 percent adjusted gross income, however. Yes, this can
The leaves are changing color, the mornings are cooler, and the air has a crisp feel—fall is upon us. As the season of giving begins, nonprofits are faced with both opportunities and challenges in their fundraising efforts over the upcoming
GoFundMe is an online platform that lets anyone set up a website to raise money to pay for a family member’s cancer treatments, college tuition payments, a new church building — almost anything you can imagine. Anyone who donates through
The Tax Cuts and Jobs Act (TCJA) made many changes to the Tax Code, including dramatically increasing the standard deduction. The result is that fewer taxpayers will itemize their deductions. Taxpayers who do continue to itemize, generally high-net worth individuals,
Philanthropy is a wonderful way to increase connection, share values and create meaning among family members. When you discuss your values and giving goals, your whole clan can find ways to make more of a difference. By involving your children