Five Things You Need To Know Before You Donate….

1) Give to Charities You Know and Trust

This time of year, we’re often inundated with donation requests from charities– and organizations posing as charities.  Make sure you know who you’re giving to!

Fraudulent charities often slightly modify the names of established groups– so read carefully– and read the fine print.

GuideStar.org provides a charity navigator to research charities– so that you can make informed donating decisions.

2) Only Donations to IRS-Approved Nonprofits are Tax-Deductible

Not only do you help charities by donating– you can also help yourself by claiming your charitable donations as tax deduction*.  Only donations made to legitimate IRS-Approved nonprofits are tax deductible.

Make sure to get a receipt when you donate to any charity, and keep an itemized list of your donation for your records. 

You can deduct the “fair market value” of gently-used items under $500 in value.  By law, a charity cannot tell you what your items are worth. This is something you must do yourself.

3) Collection Bins Often are NOT Run by Charities

You’ve probably noticed those donation collection bins popping up in parking lots near your home or workplace.

But did you know that most bins don’t benefit charities?  In fact, most of those collection bins are operated by for-profit salvage companies, often from out-of-state!

 4) Donations Come in All Shapes and Sizes!

When you think of donating to Goodwill, you usually think of donating clothing or household goods.   But did you know you can donate a car or other vehicle to Goodwill?

Goodwill also accepts computers and electronics. We are a member of the Dell Reconnect recycling program.  Finally, Marion Goodwill accepts financial contributions.

 Of course, all of your donations are tax deductible*, no matter what you donate!

 5) Donations to Goodwill Change Lives!

Goodwill fosters independence through housing, clothing & transportation. This year 966 individuals were given clothing vouchers to use at the Goodwill stores, 38 individuals benefited from living in one of our 15 low-income housing units, and 22 individuals bought donated cars to use as transportation to obtain or maintain employment.

All of these services are possible through your generous donations! Thank You!

 

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