PFL #14a Charitable Giving VOCAB

Front

A legal organization providing services or activities without commercial or monetary gain; organized for purposes other than earning a profit.

Back

Nonprofit Organization

Front

A tool used to choose among alternatives involves weighing the cost(s) of a product or service against the benefit it will provide.

Back

Cost/Benefit Analysis

Front

The act of giving to charitable organizations or to those in need.

Back

Charitable Giving

Front

An expense that a taxpayer can subtract from taxable income. Examples include deductions for home mortgage interest and for charitable gifts.

Back

Tax Deduction

Front

A non-cash contribution to a charitable organization which can be given a cash value.

Back

Gifts in-kind

Front

Someone who practices the act of giving.

Back

Philanthropists

Front

The act of giving to others.

Back

Philanthropy

Front

A person or organization that donates time, money, or gifts-in-kind.

Back

Donor

Front

A person who receives items that have been donated.

Back

Recipient

Front

Allow you to subtract certain charitable contributions from you personal income taxes.

Back

Tax Deductions