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Originally Posted by Sweepsplayer
Link: Rethinking Charitable Giving
1. Give now, choose later with a charitable gift fund run by a mutual fund company or broker.
2. Give securities.
3. Give fewer, more generous gifts.
4. Consider giving some money to a local community foundation or charity.
5. Do your due diligence.
6. Learn the difference between spending and giving.
7. Do write the checks. You'll want a record of how much you gave and when. |
Good post and nice list!
I would add this point in conjunction with number seven on the list: "For record keeping, a canceled check or credit card statement generally is sufficient for IRS purposes when you donate less than $250. For larger donations, you will want to get properly worded receipt from the charity confirming your donation."
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