Answer:
You have the control to decide which causes you ultimately want your donations going to. If you give donations to large organizations they have the control over exactly how the money is used but in your foundation you can dictate where and to whom you want the money going to. And if you donate to a non profit cvharity you will not be paying people that money will directly go to the orginization. From donating you can feel good about yourself, you did something good. It is unreasonable to say " wont recive personal benifits", in my opinion if you are looking for any personal benifit from donating to a non profit then you need a new hobby.
Although you can expect to not gain anything in the world as of money wise and materialistic things. When you donate to charity it shouldn't be about any of that it should be the sheer determination to do good and help others. Going into something like donating to charity could be compared to feeding the homeless, or helping out after a natrual disaster. People need help in the world and as a person, i belive that it is only right to donate if you are doing well financialy stop being greety.
Since worries of money wasting invades the minds of many people when it comes to donating, You will be entitled to a tax break when you will give your money as a gift to a nonprofit organization. At the end of years, you will get the taxable receipt from the charity you’ve donated to. you can keep it with the other tax documents and your tax amount will be deducted. If you are in 15% tax bracket, donating $100 will allow you to save 15% of the tax. In this way instead of giving your hard-earned money to the government, you can use it in a better way.
Explanation:
A lot of typos but best answer on here !!!
A close family member explains that she does not give money to charity because she "wouldn't receive any personal benefit from donating and because "most charities waste their donations on salaries and other administrative expenses."
We can not assume that every organizations have different work lines and also everyone has different perspective.
A donation is a gift usually from a charitable nature. A donation is a voluntary transfer of property (often money) from the transferor (donor) to the transferee with no exchange of value (consideration) on the part of the recipient. (The recipient gives nothing in exchange for the donated property.) When a donor knowingly, intentionally, and unconditionally conveys property (or a symbol of the intended property) to donator the donation goes into effect and becomes irrevocable upon the donator acceptance thereof.
Administrative expenses are expenses an company incurs that are not directly tied to a specific core function such as manufacturing, production, or sales. These overhead expenses are related to the organization as a whole, as opposed to individual sectors or business organizations can deduct from their tax returns administrative expenses that are reasonable, ordinary, and necessary for business operations. These expenses must be incurred during the usual course of business and deducted in the year they are incurred.
To learn more about donation here
https://brainly.com/question/14384618
#SPJ3
