Saturday, August 6, 2011

Corporate Philanthropy Newsletter- Interesting ... - Finance Houston

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During the holidays, we are blitzed by dozens of pleas for charitable giving. Particularly during a down economy, nonprofits and charitable causes are generally going through low response because consumers tend to give when they don?t seem to be rapt with the right way to pay their mortgages.

The USA wouldn?t exist today had it not been for the charitable contributions of a Jewish banker from Philadelphia that helped George Washington and his troops buy supplies. The unbearable and dictatorial military of Great Britain overwhelmed America three-to-one in manpower.

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If the situation describes one that you?re running into, or expect may occur in times to come here is some advice that isn?t generally heard among sophisticated planners. If you?ve a high-income year, you know what charities you wish to support, and the percentage-of-AGI limit is unlikely to come into action, then just give away the assets.Charity has grown a lot over the last few years, which is AKA a development of ?giving circles ?. This is where individuals, typically a grouping of buddies, put together their donations they have pledged and decide as a group how to contribute their money to benefit causes they care about the most.

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If you?ve ever thought about the uncountable millions of needy children in the United States who don?t have acceptable food, clothing, education, or health care, you?ll have puzzled what the hell you can do about it.

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Source: http://financehouston.com/philanthropycharitablegiving/503/corporate-philanthropy-newsletter-interesting-fact-for-philanthropy-jobs-chicago/

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