.png "Wealth Conservatory Logo (1)")
.png?width=440&height=102&name=Wealth%20Conservatory%20Logo%20(1).png)
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).
Year-end giving, or “Giving Season,” refers to the last two months of the year when the amount of incoming charitable donations dramatically increases. Overall, 31% of yearly charitable giving happens in December. Here are some other related facts you may not be aware of yet:
