The Gift of Giving
The holiday season is often seen as a time focused on consumerism and materialism. However, the true spirit of the holidays is about community, compassion, and caring for one another. One powerful way we can embrace this spirit is by gifting donations to charities in honor of our loved ones.
Why Donate?
Donating to charity benefits the recipients of that charity’s efforts, but research shows it also boosts the happiness and wellbeing of the giver. The act of giving provides a sense of purpose and connection. It’s a gift that keeps on giving.
Research Charities Thoroughly
It’s important to thoroughly research any charity before donating to ensure the majority of funds go directly toward programs and services rather than administrative costs. Charity evaluation sites like Charity Navigator allow you to view breakdowns of how efficiently a charity utilizes donations.
Set an Example
Modeling generosity and social awareness for children can impart strong values. Letting kids select a cause that resonates with them and donate a portion of gift funds teaches compassion in action.
Give Locally
While large national/global charities also do very important work, donating to grassroots community organizations directly impacts families in your own area.
FAQ
What are some reputable charity evaluation sites?
Some top charity evaluators include Charity Navigator, Charity Watch, and GuideStar. They provide breakdowns of financial efficiency, transparency, and services delivered.
What percentage donated should go toward programs/services?
Experts recommend at least 65-75% of a charity’s total functional expenses should be allocated to programs and services directly serving its mission.
How much does the average American donate to charity?
According to Giving USA, the average American household donates about $2,500 to charity each year. Any amount can make a meaningful difference.
When is the best time to donate for tax purposes?
To claim a tax deduction for the current year, charitable donations must be made by December 31. However, thoughtful giving should come from the heart rather than tax incentives.
How can I teach my kids about charitable giving?
Lead by example in making generosity part of your family’s values. Discuss causes that are important to you and your children. Give kids the chance to choose a charity to support through donating gift funds.
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