Archive for the ‘Philanthropy Charitable Giving’ Category
Charity Credit Cards – A Good Way to Give
There are many charity credit cards available from a large number of financial institutions. Picking the right one for the right cause can be a little confusing.
Independent of the charity involved what you as a consumer that wishes to donate is to get the best deal as possible for your designated charity. For this reason look at the options that are available. There are many credit card companies that are willing to match your donations. This is the best deal for your charity. This is not always possible and not for every charity, so research by the consumer is necessary to see what is available before any decision is made.
The advantage for the card holder that makes these donations to a charity is that credit card companies give reward points for the purchases. A good example is the American Express Preferred Rewards Gold Card. This financial institution gives the charity 10,000 bonus points when $500 is spent on the card in 3 months. This is directly translated to a $100 gift card. Another offer is from the Citi PremierPass Card-Elite Level. With $600 in purchases in the first 3 months, 20,000 bonus points are awarded to the charity that is chosen.
An incentive for the card holder from the credit card companies is that many give the new accounts a limited time of 0 percent interest. This is for both purchases and balance transfers.
For most charity credit cards, the terms and conditions of using the cards are the same as any other credit card. This includes billing cycles and penalties for late payments and if purchases are made above the credit limit.
But charity credit cards are a great way to donate, and some of the donations are even tax deductable.
What Are Charity Credit Cards?
If you’re a person interested in supporting a non-profit charitable institution in your own little way, then perhaps getting a charity credit card will be best for you. With a charity card, you can support the charity of your choice at no extra cost and at the same time benefit from low interest rates. All you need is to just use your card when making purchases, that simple.
Giving to charity is a great way of helping people with special needs and organizations working for worthy causes. Somehow it gives you a feeling of fulfillment being able to give to noble causes in a very simple way and on a regular basis. You may not be able to personally visit the beneficiaries and officers involved but with a charity credit card, you can make a small donation that can go a long way.
Charity or affinity cards have been used by financial institutions for 20 years now to benefit non-profit organizations. This type of card bears the logo of the charity group but a philanthrophic in nature.
Charity credit cards work by taking a small percentage from your purchases, balance transfer or cash advances and donating them to charitable organizations. As long as you’re using the card, a small portion of what you spend will be donated to charity. A typical donation rate is around 0.25 percent.
These cards usually carry an annual percentage rate (APR) from 15 to 22 percent. There are some, though, that offer lower rates. Many of them charge annual fees and provide lesser incentives compared to the regular miles or cashback rewards of other credit cards.
Donate Money to Charity
If you are finding ways on how to help less fortunate people, one great way to help is to donate money to charity. Donation of food, clothes, and other things are far different from money donation because in giving money, you can give them freedom to choose how they would spend it. They can use the money to buy their favorite food, clothes, toys, etc. But in most cases, when you donate money to charity, your money usually will be taken care of by the charity. The charity organizers or leaders are the ones who will take hold the money and decide how to spend it. They will spend the money to a thing that the overall charity can benefit.
Many charities are taking care of less fortunate children. In children charities, they will not give the money directly to the children. Of course, children are not mature enough in handling money. However, the charity will then provide the needs of the children, as well as some of their wants.
There are some cases when you donate money, you can decide what you would want your money to be used in a particular charity you have chosen. You can formulate plans or projects that can help the charity in using your money. One great project is that, using your money for the education of the children. You can help well when you prefer to use the money you donated as a help for their education. Your money can be spent on their daily snacks at school, uniforms, and school supplies. In this way, you can be a part in giving them bright futures.
A New Business Philanthropy Paradigm For Funding Charitable Organizations and Ministries
There is a new way for benevolent fund-raising circulating around the country. Some call it “doing well while doing good.” This creative business philanthropic paradigm can have a two-edged benefit to it, if done with the right kind of company. Edge one: providing a manufactured product, such as a meal pack for feeding the starving. Edge two: utilizing an income generating business system that works with the purchasing and sending of such product.
So, you need a company that pays commissions, probably in the network marketing realm. The company has to have certain aspects to their business system, organization, and compensation plan that will benefit philanthropic efforts. First, the company must pay commissions on a product that is dedicated to charitable work, like providing food or something else that benefits the poor, starving, and needy. That way, buying and sending the product to the needy is a charitable act in itself. Second, this company must have a residual income plan for ongoing ordering and commissions. This aspect benefits the charity or charitable giver that becomes involved with the product and company. Thirdly, they must have a multilevel compensation structure. In order for the charitable giver or charity to grow a perpetual income for their cause, they must be able to build a multilevel structure that generates a consistent and growing monthly income.
The dual benefit is that the charitable product itself can be purchased and provided for those in need, and the income from building a charitable purchasing network will benefit the enrolled charity or giver. Again, the two edged benefits need to be: (1) a product that meets needs; (2) an income generating system.
Car Donation Charity
If you like to give to charity and you drive a vehicle, there is a great charity option for you. There are car donation charities that will take your old car and find someone who is in need of a car to give it to.
There are many persons out there who cannot get to their jobs or school because they do not have a car. Some people take public transportation, but for families situations like a single mother with five children it can be expensive and difficult to manage all of her five children on a public bus. What these car charities do is they find that single mother with five children and they match her up with your old car that you have given to the charity so she can lead an easier life.
When you have grown tired of your old car and you want to drive a new one you may be tempted to simply throw the car into the trash dump. There are two problems with this approach to getting rid of your car. The first problem is that throwing the car into the dump is creating trash and pollution and the second problem is that there really are single mothers out there with five children that need a car and could have used it.