Chalk it up to the holiday spirit -- or just smart tax planning -- but charitable giving is looking up this month.
Individuals, companies and charities have been quick to rally in the aftermath of the massive earthquake that rocked Japan on Friday, but donations have been slow to come.
President Obama's plan to limit two popular deductions for wealthy taxpayers will hit a wall of resistance from entrenched special interests.
For charities hoping to land a big gift from one of America's wealthiest individuals, 2010 was a very bad year.
As Twitter feeds light up with "Text HAITI" and celebrities host telethons and wear support ribbons at award ceremonies, the money to assist earthquake survivors in Haiti is pouring in.
Charities, companies, individuals and celebrities across the U.S. have been rallying together in the aftermath of the 7.0-magnitude quake that rocked Haiti last Tuesday, and their efforts are paying off. As of Thursday evening -- nine days after the earthquake struck -- over $355 million in donations had been raised for relief efforts, according to the Chronicle of Philanthropy, a newspaper covering nonprofit organizations. The estimate is based on a survey of 35 charities contributing the largest amounts of money to Haiti. "You've got a bad economy and a disaster outside of the U.S.," said Stacy Palmer, editor of the Chronicle of Philanthropy. "It makes sense that lots of people gave to the Katrina disaster in the U.S., but to give outside of the U.S. like this is remarkable, especially at a time with 10% unemployment."
Eight days after the devastating earthquake struck near Haiti's capital, donations for relief efforts are still pouring in -- in excess of $305 million.. Charities, companies, individuals and celebrities across the U.S. have been rallying together in the aftermath of the 7.0-magnitude quake last Tuesday, and their efforts are paying off. As of Wednesday afternoon, over $305 million in donations had been raised, according to the Chronicle of Philanthropy, a newspaper covering nonprofit organizations. The estimate is based on a survey of 29 charities contributing the largest amounts of money to Haiti. "You've got a bad economy and a disaster outside of the U.S.," said Stacy Palmer, editor of the Chronicle of Philanthropy. "It makes sense that lots of people gave to the Katrina disaster in the U.S., but to give outside of the U.S. like this is remarkable, especially at a time with 10% unemployment."
Nearly a week after the devastating earthquake struck near Haiti's capital, donations for relief efforts are still pouring in -- in excess of $210 million.
Nonprofit CEOs didn't feel the economic pinch in 2008 despite charitable giving having declined for the first time since 1987.
What better way is there to use money than to donate it?
So you're not Warren Buffett or Bill Gates. There's no reason you still can't give like a billionaire. Donor-advised funds - investment accounts that let you deposit assets for an upfront tax deduc...
Money Magazine: Showing Some Legacyupdated: Thu Feb 16 2006 10:27:00
(MONEY Magazine) - This November a movie called The Ultimate Gift will hit theaters. It's an adaptation of the best-selling book about a billionaire, to be played by James Garner, who forces his gr...
Charities are anxious this holiday season. After an extraordinary year that began with a catastrophic tsunami followed by hurricanes Katrina and Wilma and ended with an earthquake in South Asia that killed thousands, charities worry that donors may not have much left to give.
Charity begins on the homepage, a newspaper report said Wednesday, with online donations at the nation's largest charities up 63 percent in 2004 from the previous year.
CNNMoney: The giving Gatesupdated: Wed Mar 02 2005 11:17:00
They're the Gates that keep on giving.
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