I've done pretty well the past year compared to many in the country and in accordance with that I'm aiming to ratchet up my charitable donations at a similar rate. (tax deduction is just a bonus) I figure this might be a good place to discuss great charities that you have found and other ways to give back, especially in a tax advantaged way. I like charities that have big impacts in easy to see ways.
Here are a couple of my favorites.
International Rescue Committee (IRC) They do a lot of work with refugees. I first found them during the Syrian refugee crisis. Very highly rated charity.
www.smiletrain.org is another great one. Each $500 donation goes to pay for a life changing cleft pallet surgery.
I also like my local food pantry harvesters.org/give-food and a small charity that focuses on providing diapers (and other aid) to single parents, www.happybottoms.org When I first had kids I was shocked with how expensive diapers were, then I realized that people with little money were paying 2-4x what I was per diaper because they couldn't buy in bulk. That leads to stretching diapers out longer and risks of infections and diaper rash. People are going hungry more than ever in America.
If you are like me you buy way too much junk on Amazon, so you can use smile.amazon.com and pick a charity you like. Then when you use that link on Amazon they give a percentage of your orders to that charity. The only catch is that you have to go to smile.amazon.com vs amazon.com. They will remind you here and there but it's not automatic.
I'm also toying with the idea of creating a non-profit. No idea what I'd focus on yet but I think I could donate to the org, take the tax deduction, and then dole out charity where it made sense, possibly while investing on behalf of the charity to make it grow even larger.
Other thoughts and suggestions are very welcome.
Here are a couple of my favorites.
International Rescue Committee (IRC) They do a lot of work with refugees. I first found them during the Syrian refugee crisis. Very highly rated charity.
www.smiletrain.org is another great one. Each $500 donation goes to pay for a life changing cleft pallet surgery.
I also like my local food pantry harvesters.org/give-food and a small charity that focuses on providing diapers (and other aid) to single parents, www.happybottoms.org When I first had kids I was shocked with how expensive diapers were, then I realized that people with little money were paying 2-4x what I was per diaper because they couldn't buy in bulk. That leads to stretching diapers out longer and risks of infections and diaper rash. People are going hungry more than ever in America.
If you are like me you buy way too much junk on Amazon, so you can use smile.amazon.com and pick a charity you like. Then when you use that link on Amazon they give a percentage of your orders to that charity. The only catch is that you have to go to smile.amazon.com vs amazon.com. They will remind you here and there but it's not automatic.
I'm also toying with the idea of creating a non-profit. No idea what I'd focus on yet but I think I could donate to the org, take the tax deduction, and then dole out charity where it made sense, possibly while investing on behalf of the charity to make it grow even larger.
Other thoughts and suggestions are very welcome.