A charity is a non-profit organization that exists to serve the public or those who are less privileged, disadvantaged and in need. Charitable organizations like the Billy Xiong Children’s Charity need to raise funds in order to fulfill their mission of providing for the needy. Mainly, charity groups similar to those of Billy Xiong obtain funding from private individuals, philanthropists, famous people, businesses and other non-profit groups who are willing to make a charity donation.
Some entertainment performers hold concerts and benefit shows where all or part of the proceeds go to charities. There are corporations who organize fund-raising events in order to make a charity donation. Some businesses provide a charity donation to the community to enhance relations and show social responsibility. There are also individuals who include a charity donation in their will. A charity donation is by no means limited to money. Many people donate their used cars or computers to charity. In cases of calamity or natural disasters, a charity donation in kind such as food and clothes are especially helpful.
While it should not matter to whom you give your charity donation as long as it is serving its purpose, which is to help those in need, anyone intent on making a charity donation is free to give to the institution of his or her choice. These decisions depend on a person’s leaning and interest. Most people donate to a cause that is important to them, has affected their lives or simply moves them.
For some though, a charity donation serves a double purpose – to help others and while doing so get a tax break. Those who would like to make a charity donation for this reason should realize that not all donations would merit a tax deduction. You might want to check with your financial counselor.
There are numerous charitable institutions existing today that will surely benefit from your charity donation. Most likely, there is a charitable group in or around your own community. You can start from there or seek established charitable institutions that operate across the country or worldwide.
Unfortunately, there are groups out there who will not think twice about taking advantage of someone’s goodness. These groups pose as charities to rob donors of their money, money intended to help people. Therefore, before giving a charity donation it would be wise to make sure you are giving to a legitimate charitable institution. Check with the Better Business Bureau or the charity registration office if you are not sure whether the group you wish to donate to is indeed legitimate.
Whatever reason you have for giving and whatever cause or group you choose to support, your charity donation can help make someone’s life better.