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A donation is a gift for charity, humanitarian aid, or to benefit a cause. A donation may take various forms, including money, alms, services, or goods such as clothing, toys, food, or vehicles. A donation may satisfy medical needs such as blood or organs for transplant. Charitable donations of goods or services are also called gifts in kind. [1]
The following list of countries by charitable donation shows the total charitable donations from individuals within the nation, as a percentage of the nation's GDP. The figures were published in February 2016 by the Charities Aid Foundation (CAF) in its report titled Gross Domestic Philanthropy . [ 1 ]
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.
AARP Foundation; Acorns Children's Hospice; Action Against Hunger; ActionAid; Acumen; Adelson Foundation; Adventist Development and Relief Agency; Aerospace Heritage Foundation of Canada
The Leona M. and Harry B. Helmsley Charitable Trust United States: New York City: $8.3 billion 1999 [31] 28 W. K. Kellogg Foundation Trust United States: Battle Creek, Michigan: $8.2 billion 1930 [32] 29 Jacobs Foundation Switzerland: Zürich: $7.6 billion CHF7 billion 2001 [33] 30 Else Kröner-Fresenius-Stiftung Germany: Bad Homburg: $7 billion
A charitable organization [1] or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the ...
An individual's donation to a fraternity is only a tax-deductible charitable contribution if the contribution "is to be used exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals."
The World Giving Index (WGI) is an annual report published by the Charities Aid Foundation, using data gathered by Gallup, and ranks over 140 countries in the world according to how charitable they are. The aim of the World Giving Index is to provide insight into the scope and nature of giving around the world.
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