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One Acre Fund offers a flexible repayment system: farmers may pay back their loans in any increment at any time during the growing season. Beyond their core program model, One Acre Fund also offers smallholder farmers opportunities to purchase additional products and services on credit.
Kiva Microfunds is a 501(c)(3) non-profit organization [2] [3] headquartered in San Francisco, California.Kiva's mission is "to expand financial access to help underserved communities thrive."
The cash proceeds after liquidating the depreciated asset may of course be donated to charity and deducted following the sale, but the tax advantages of making such donation are no better or worse than in any cash donation to charity. In any case, such a course leaves the investor more after-tax assets to donate if so inclined.
The Tax Cuts and Jobs Act of 2017 trimmed tax rates and significantly boosted the standard deduction, thus greatly reducing the number of taxpayers eligible to benefit from charitable deductions.
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NCF's primary operation, the Giving Fund (donor-advised fund), works like a charitable savings account. [3] Via an online dashboard, donors give various assets into the Fund, receive a tax deduction at the time of the gift, and recommend grants to their charities of choice. NCF accepts non-cash gifts.
The organization has been given Charity Navigator's highest rating every year since 2005. [4] As of June 2024, the organization has funded 2.95 million projects and raise $1.64 billion for teachers and students. [5] 88% of public schools in the United States have at least one project has been requested on DonorsChoose. [5]
GiveDirectly is a nonprofit organization operating in low income areas that helps families living in extreme poverty by making unconditional cash transfers to them via mobile phone.