The National Center For Charitable Statistics estimates that there are around 1.5 million registered charities in the US that provide a wide range of services including access to healthcare, education and housing. Charitable organizations cannot exist without the help and support of the general public, and this article looks at various ways you can help your local trusts by donating or raising funds.
Why Donate To Charity?
One of the greatest benefits of giving to charity is the opportunity to feel like you have made a difference in a person’s life and afforded them opportunities they may not have had without your help. Being involved with a charity is also a great way to stay informed on local issues and topics related to the charity’s mission. On a more practical level, charitable donations are tax deductible, and you may even be able to claim tax back on any money you spend on food, travel or materials used for fundraising.
Ways To Give To Charity
There are a number of different ways to give to charity, and each one offers its own special rewards.
. Cash Gifts – Cash gifts are the most popular form of donation and can be for any amount.
. Stock – Stocks that have been held for a minimum of one year and have increased in value are known as appreciated securities and offer excellent tax deductions when given as a charitable gift.
. Real Estate – A second residence or a holiday home makes an ideal donation, and you will receive greater tax benefits than if the property was sold.
. Life Insurance – Many people choose to donate their life insurance to the charity of their choice when they are unable to make a cash gift or other form of donation.
. Bequests – A bequest can be in the form of cash, real estate or appreciated securities left to a charity as part of a will or retirement plan.
Organizing A Fundraising Event
A fundraiser is a great way to get your community involved in raising money for local charities in Fulton County. Sponsored runs, swims or bike rides are all popular activities as well as bungee jumping or other sporting activities. If you prefer something a little more relaxing, then a bake sale or summer fete are ideal options that can raise significant amounts of money to help charities continue their valuable work.
Before giving money to a charity, it is important to research exactly where your money will go and how it will benefit those in need. One hundred percent of every dollar donated to the Fulham County Medical Center Foundation goes towards providing vital health care services to those in need and helping to improve our center. If you would like more information on how to donate, visit our main website for more details on our foundation.