Blog

Year-end giving, or “Giving Season,” refers to the last two months of the year when incoming charitable donations increase dramatically. Overall, approximately 30% of annual giving occurs in December, and 10% occurs in just the last three days of the year.

Giving to a charity is easy, so they say. You write a check and send it off to your favorite 501(c)(3) organization. Come tax time, if you itemize, you may be able to deduct the amount (often up to 60%) of your adjusted gross income for cash gifts to qualified charities (though limits can be lower depending on the type of contribution and recipient).