Helping Disabled People in Kind

Written by Merve on January 22, 2007

People having disabilities are sights to which anyone’s heart will surely go out to. A lot of them can be seen all throughout the world, particularly in Africa, the Philippines and Vietnam. Being in their state was not made by choice but rather by fate. Fortunate people who care enough would give the necessary support and capable sponsorship to extend their helping hands towards them. People cannot simply claim that it is these victims who choose not to do something to rehabilitate their current stature.

Helping the Disabled People

True that it fattens the heart to be able to help people in need. This is why people who do charity work and worthy causes would rather do something good for the benefit of the lesser fortunate people. The rewards may not be measured in terms of financial or objects, but all the same, it is providing assistance and support that matters above all.

There are some things that are simply immeasurable and intangible that people would prefer and this is usually doing something wholeheartedly without anything tangible in exchange.

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Choosing Right Beneficiaries in Need

Written by Merve on January 16, 2007

Charitable organizations would always identify what particular area of interest they would consider to help out. With so much people in need today, it has gone as far as helping out places, worthy causes, schools and hospitals. But in a nutshell, all of them pertain to one worthy beneficiary that is of the human being.

Photos Courtesy of Parc Cruz

It is not the sole fault of some parties for being on the hard end of living. It is by fate and not by choice that most people find themselves needing to seek help from the lucky beings in this world and in some cases, a helping hand coming from people who get fulfillment out of it.

Photos Courtesy of Parc Cruz

The problem with the world today may perhaps be the proper identification of the groups in need. Some would focus on certain groups in need of food and shelter, but if explored a lot further, such efforts should be dissected a bit more since one area alone is not enough to cover.

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Sharing with the Less Fortunate People of Today

Written by Merve on January 6, 2007

All over the world, poverty and the less fortunate people who cannot even have the chance to see articles and blog entries such as this would certainly be a wakeup call already. People have been abandoned, disabled and financially incapacitated are spread all over the world, hence the charitable fund drives that we are all aware of as set by people who do them for a cause.

The Less Fortunate Children of Poverty

The most pitiful sight would be that of children who did not choose to be where they are. Blaming others for their misfortunes is a foregone conclusion and the best that most people can do is do their small part in extending any form of assistance that these people certainly need.

Old clothes, food donations or even a penny saved for a rainy day wouldn’t really hurt if donated to the people who value them most. It is not really hard for people to spare if they are sincere in their efforts to lend a helping hand today.

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Tax Deductible Contributions

Written by Merve on October 28, 2006

Were you aware that not all contributions are “tax deductible”? Just so that you don’t get an unpleasant surprise after you donate larger sums of money, it pays to understand the mechanics of this.

For starters, know the difference between “Tax Exempt” and “Tax Deductable”

Tax exempt” does not necessarily mean “tax deductible.” A tax exempt organization is one that does not have to pay income taxes. Contributions made to certain tax exempt organizations may be deductible on the donor’s federal income tax return. While the Internal Revenue Service (IRS) defines more than twenty different categories of tax exempt organizations, contributions to groups in only a few of these categories are tax deductible.”

According to the Better Business Bureau, there are more tips to keep in mind when you contribute to a worthy cause. Here are some of them:

1. Contributions are deductible for the year in which they are actually paid or delivered. Pledges are not deductible until the year in which they are paid.

2. The value of volunteer time or services to a charitable organization is not deductible. However, out-of-pocket expenses directly related to voluntary service are usually deductible.

3. Contributions for which the donor receives a gift or other kinds of benefits are deductible only to the extent that the donation exceeds the value of any benefit received by the donor.

4. Direct contributions to needy individuals are not deductible. Contributions must be made to qualified organizations in order to be tax deductible.

5. Contributions made directly to foreign organizations are not deductible, except in the case of some Canadian organizations as specified in an agreement with that country. Also, donations to charities located in Puerto Rico, the Virgin Islands, and other U.S. possessions are deductible. Such organizations must meet the requirements for exemption under the income tax laws of the United States.

6. The “fair market value” of goods donated to a thrift store is deductible as long as the store is operated by a charity. To determine fair market value, visit a thrift store and check the “going rate” for comparable items. One cannot take a deduction if the goods are sold on a consignment basis whereby the original owner gets a percentage of the final sales price.

7. Donated property may generally be deducted at the fair market value of the property at the time of the contribution. However, there are special rules for the donation of cars and other vehicles. Also, in certain situations, additional details concerning the property’s worth may need to be filed with the IRS in order to make a deduction on your federal income tax forms. Also, gifts of appreciated property are subject to special rules. See a financial advisor for additional details.

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