Charity

The act of giving money, food, or other kinds of help to people who are in need.

• Generosity

• Charity

• Volunteering

• Nonprofit Organization

The three common forms of charity are:

• Money

• Time

• Material Contributions

• Charitable Organizations

Money and material donations can be used as a tax deduction if:

• Records of the contribution exist (receipt).

• The organization has a 90% efficiency rating.

• The donation is an item and a fair market value must be assessed for the item.

• The percentage of the charities expenses are going to their cause and not their overhead.

How much money it costs an organization to raise more money. 

• Charitable Commitment

• Charitable Contribution

• Charitable Organization

• Charitable Efficiency

Refers to what percentage of the charity’s expenses are actually going to their cause and not to overhead costs.

• Charitable Organization

• Charitable Efficiency

• Charitable Contribution

• Charitable Commitment