Teach your children well: here’s one sure-fire way to successfully kindness on.
If your heart and your wallet have different ideas about making monetary donations, it is time to summon your inner regifter. An unwanted gift could be a welcome donation to a charitable organization. For help selecting a charitable organization, visit the Better Business Bureaus’ Wise Giving Alliance. You can also contact the government office responsible for registering charities in your state. A little research upfront will make sure that your donation is put to good use. If the process of selecting a charity seems daunting, remember, you benefit from giving as well.
Involving your children in the selection of and contribution to a charity teaches valuable lessons.
Give to causes in your own backyard as well as internationally. You have an opportunity to make a difference.
Some charitable gifts are tax-deductible if made to a qualified organization.
But be sure your organization meets IRS guidelines, as there may be different tax breaks when you donate certain types of assets to charity.