It’s a wrap! Thanks to everyone who submitted charities for my 12 Days Of Charitable Giving 2018.
If you submitted your favorite charity this year and you don’t see it on the list, please try again next year. Here’s the complete list for 2018:
- The Women’s Tax Resolution Center, Inc.
- America’s VetDogs
- First Book
- The Grey Muzzle Organization
- Cure Alzheimer’s Fund
- Rise Against Hunger
- International Rescue Committee
- Children’s Organ Transplant Association
- Truth Be Told
- National Constitution Center
- The National Center on Addiction & Substance Abuse
Remember: Submissions to the 12 Days of Charitable Giving are made by readers, and in most cases, I can’t personally vouch for the good work that these folks do. So be generous but be smart: Do your homework.
You can always check whether a charitable organization is in good standing by using the online tool from Internal Revenue Service (IRS), the Tax Exempt Organization Search (TEOS). TEOS is new (introduced a few months ago) and provides “faster, easier access” to information about tax-exempt organizations. You can find out more here.
Keep in mind that churches, synagogues, temples, and mosques are considered de facto charitable organizations and are eligible to receive deductible donations even if they’re not on the list (some exceptions apply so be sure and ask if you’re not sure). Additionally, organizations which use a “doing business as” or DBA, may appear on the list using a different name. If you don’t see a name on the list, reach out to the organization directly for more information.
Gifts made to qualifying charitable organizations by year end are tax deductible for the 2018 tax year since tax reform didn’t eliminate the charitable deduction. However, thanks to tax reform, fewer taxpayers will claim the charitable donation deduction in 2018. The Tax Policy Center puts the figure at just 8%.
For more on making charitable donations, check out this prior post.