article thumbnail

IRS Joins Momentum Nonprofit Partners to Highlight Special Charitable Tax Benefit Available Through Dec. 31

Momentum Nonprofit Partners

Ordinarily, people who choose to take the standard deduction cannot claim a deduction for their charitable contributions. But this special provision permits them to claim a limited deduction on their 2021 federal income tax returns for cash contributions made to qualifying charitable organizations by year’s end, Dec.

article thumbnail

Sponsorship v. Donations: The Drawbacks and Benefits

NonProfit Hub

Drawbacks of Corporate Sponsorships While great for driving support and increasing visibility, corporate sponsorships also have their challenges: Sponsorships are usually tied to an event or program with production value and require a significant investment of time and energy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Corporate Partnerships & The Law: Registration & Reporting Requirements ??

Selfish Giving

One of the most popular types of cause marketing campaigns is a charitable sales promotion in which a business advertises that the purchase or use of certain goods or services will benefit a charitable organization (e.g., “For The cost of obtaining CCV surety bonds is approximately 1-2% of the face value of the bond.

Law 147
article thumbnail

Key Markers of a Major Gifts Prospect & How to Leverage Them

Top Nonprofits

According to Double the Donation , through these programs, employers financially match their employees’ charitable contributions at a certain ratio. These markers indicate that the individual in question has a habit of or inclination for charitable giving.

article thumbnail

Dr. James explains why sustainable giving starts by answering, “Do we have a shared future?”

iMarketSmart

The economic value of status. Financial reporting factors affecting donations to charitable organizations. 52, “Our results suggest that contributions are positively associated with a charitable organization’s ability to continue to operate …”) [21] Trussel, J. Biology Direct, 10 (1), 1-9. [17] Also see p.