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Gift to IRS-approved charities or charitable organizations. Medical expenses for other people. Gifts to your spouse. Gifts to political organizations. Examples of Common Gift Tax Scenarios.
Anton Oparin/Shutterstock In the wake of a natural disaster, terrorist attack or humanitarian crisis, its common and natural to donate to the charitable organization that are helping deal with the ...
Nonprofit Finder examined data from GiveWell to see what charities offer donors the most bang for their buck.
It consists of the 50 largest charitable foundations, private foundations engaged in philanthropy, and other charitable organizations such as charitable trusts that have disclosed their assets. In many countries, asset disclosure is not legally required or made public. Only nonprofit foundations are included in this list.
Synagogues, churches and other religious organizations; A fraternal order or lodge; An organization of war veterans; Any level of government if the contribution is made for exclusively public purposes; An organization dedicated to the improvement of public health in the U.S. or abroad; There are both public and private charities.
The IRS specifies certain types of organizations that are exempt from federal income tax. The most common types are charitable, religious and educational organizations, civic associations, labor organizations, business leagues, social clubs, fraternal organizations, and veterans’ organizations.
The charities are then given a score from 0-100, with those earning a grade of 90-100 garnering a four-star rating. The website uses tax return information to make its determination.
Women's organizations based in Puerto Rico (1 C, 4 P) S. Society of Women Engineers (2 C, 1 P) Women's sports organizations in the United States (5 C, 15 P) T.