For many, it is important to take time during the holiday season to give to those in need. Donating to NH nonprofits can be fulfilling; however, it is important to ensure your gift reaches the organization for which it was intended. Here are some suggestions on how you can become a charitable giver this holiday season.
- Donate to established nonprofit organizations – Unfortunately, there are fraudulent charities in existence that will take advantage of your generosity. To avoid this from happening, ask for written information about the organization, including name, address and telephone number. A legitimate NH nonprofit will provide information about their mission, how a donation will be used, along with proof of their nonprofit status from the IRS, i.e. 501(c)(3). It’s best to direct your charitable giving to nonprofits with a track record for providing assistance.
- Designate your gift – Some NH nonprofits (i.e. Granite United Way) that provide aid to smaller groups allow you to specify exactly where your gift can be directed, such as to education, animal welfare, healthcare, etc. By designating your gift to a particular area of need, you are in control of where the donation goes and to whom it helps.
- Proactive givers are smarter givers – Wiser givers do not donate to nonprofits on impulse or to the first one that comes along. Smart givers take the time to identify the causes that are important to them. Contact a NH nonprofit you are interested in donating to, find out their mission, and the type of aid and programs they offer. Work with local organizations that have targeted outcomes for their giving.
- Benefits to you – A donor’s primary motivation may be altruism; however, there are great tax benefits for those who choose to give. A donation to qualified nonprofit organizations may entitle you to a charitable contribution deduction. Remember, a contribution to a qualified charity is deductible only in the year in which it was paid. Not all charities qualify for a charitable contribution deduction. It’s always a good practice to ask for a receipt and save it for tax season.
- Consider giving your time – Volunteers are the foundation of not only NH nonprofits, but many charitable organizations in the granite state and across the country. If you cannot afford to give a monetary donation, then consider donating your time. Common volunteer duties include feeding animals, tutoring, building homes, serving as an ambassador for a local group, counseling, selling tickets, reading to children, etc.
With holiday giving upon us, now is an important time to give to those local nonprofits that are collecting toys for children, food for local pantries, clothing for the homeless, stuffed animals for children receiving medical treatment, and so on. While it’s important to give all year long, the holiday season remains a popular time of year to give to those less fortunate.