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It’s a good idea to check first with the IRS’ Tax Exempt Organizations Search Tool, but generally, charitable gifts to the following types of tax-exempt organizations are tax-deductible donations:
The particular tax consequences of a donor's charitable contribution depends on the type of contribution that he makes. A taxpayer may contribute services, cash, or property to a charity. There are a number of traps, especially that donations of short-term capital gains are generally not tax deductible.
Aug. 13—State and local officials are recommending cash donations to reputable nonprofit organizations active in Hawaii as the public show of support from around the world continues to pour in ...
The American Red Cross in the war focused principally on overseas civilian aid and not domestic disaster relief. The American Red Cross spent "less than one million dollars on domestic disaster relief, in comparison to the $120 million devoted to relief overseas. [66]" The American Red Cross during the war provided food, employment, housing ...
Donations made to 501(c)(3) organizations are typically tax-deductible for the donors, meaning individuals and businesses can claim those donations as deductions on their tax returns, subject to certain limitations. This tax benefit encourages charitable giving. In contrast, donations made to 501(c)(4) organizations are not generally tax ...
Aug. 11—Related Photo Gallery: Maui wildfire donation drive being held at state Capitol When the donation drive organized by Hawaii state senators opened at 10 a.m. on Thursday, cars were lined ...
Ty Warner, the creator of the Beanie Baby and founder of Ty Inc, announced on Aug. 17 that they are releasing a special bear named Aloha with all profits to be donated to the American Red Cross to ...
American Red Cross (ARC), specifically the biomedical services division. The ARC provides about 35% of transfused blood in the US. [1] America's Blood Centers (ABC), North America's largest network of non-profit community blood centers. [2]