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5 Benefits of Donating Money to Charity

Nov 7, 2022
5 Benefits of Donating Money to Charity

Today, the concept charity has been revolutionized totally. Not only has it became easy to donate via online payment method, but there are also hundred of noble cause that you can support by giving money. All of us has our own motivation for donating money, but its important to be aware of the benefits that an act charity can bring. Here is all the major benefits of giving money.

5 Benefits of Donating Money to Charity

1- Self-satisfaction

One of the biggest motivators behind helping others is to make yourself feel better about yourself. Social constructs in nearly all regions of the world have the notion of help. When you help someone in distress a feeling of satisfaction hits you automatically. You don't feel good when you do things right? The answer is a loud YES! It is only natural!

2- Tax-deductions

If you donate to a 501(c)(3) organization in the United States, you can deduct your donations from your federal income tax return. Tax exemptions are also granted to churches and religious institutions. In addition, if you donate to a charity in another country, you may be able to deduct your donation from your taxes.

3- It’s a noble deed 

In our hectic lives, we often neglect those who are close to us. Because of this, the cause of helping the underprivileged, poor, and needy people suffer. When you do an act of charity, your heart is revived. It’s an honorable deed with a lasting impact!

4- Motivation for Others

When you raise your voice in response to the calls of help, you set an incredibly important example for your friends and family. Often, we do something because someone else is doing it. For example, if I like an app on my phone and recommend it to a close friend, chances are that my friend will download and install it right away. The concept of charity works exactly the same way. You set an example and encourage others to help those who are facing trouble. It is a chain effect, but one that brings peace and not destruction to society.

5- Purpose of Life 

Have you ever sat back and thought about what you're doing in your life? Is it really all about you? What percentage of your life is devoted to helping others? If you're constantly thinking about yourself and your own needs, you'll likely become self-centered. Thinking about yourself and your personal gains only and not considering the causes for the greater benefit eventually leads to flaws in your personality and character. Therefore, consider helping someone by giving them money or offering any other form of assistance if you can.

Donating Money in 2022

Donating money in 2020 is very different from what people did to help others. Today one does not have to go to a charitable organization or find their collection box in person. One can easily donate online. Organizations like Transparent Hands have embraced the crowdfunding model to address major issues.

Seedout Organization

Seed Out is a not for profit crowdfunding platform which is working to alleviate poverty by establishing micro entrepreneurs through interest free micro financing.