Many of us have considered donating to charity, but may have hesitated for one reason or another. Often, we may not see the benefit of donating to charity, and especially in the tough economic climate of recent years, may have decided to hold on to the money to take care of ourselves and our families. However, failing to engage in charitable giving means we are missing out on a lot of benefits of both the tangible and intangible variety.
Tax Benefits
First and foremost, charitable donations are tax deductible. This means that you can monetarily support your favorite causes and receive a tax break for your generosity. Note that in order to claim these tax deductions, you cannot take the standard deduction and will instead need to itemize your deductions. Thus, you should make sure that you have enough other deductions to itemize if you are planning to receive this tax benefit.
Good Reputation
Another great benefit of charitable giving is that it can build a good reputation for you. You can leverage your charitable giving to your advantage in job interviews and other social interactions. If you currently run or are considering establishing your own business, charitable giving can be a great way to advertise the merits of your company and can often be an attractive quality to investors who may help you raise capital. Additionally, consumers may be more inclined to purchase your goods or services if they consider you a kind business owner who cares about the community and those less fortunate.
Feel Pride
In addition to these great benefits, you can enjoy a feeling of pride in yourself. Helping others who cannot help themselves is a very rewarding experience; you simply cannot buy the good feeling that donating to a good cause can bring to you. Such good feelings can be maximized by donating to a charity that works for a cause that is close to your heart. For instance, if your family has been affected by cancer, a donation to an organization that fights for a cure may be ideal for you.
Donating Time
In addition to giving money, you may also choose to donate some of your time to a charity. Charities often appreciate donations of professional services. For instance, if you have accounting or legal training, you could offer free assistance in these areas to a deserving charity. In addition to the feel-good benefit described above, donating time can also help build your social circle. By giving your time to a charitable organization, you are almost certain to meet like-minded people who share many interests and passions with you. Expanding your social circle in this way may lead to additional opportunities in fields you are interested in, further multiplying the value of your donation of time.
Ultimately, donating to charity is a fulfilling process. In addition to financial incentives, there are social and career benefits that make charitable giving an easy decision. Do not hesitate; start your research and find a charity that you can donate to, allowing you to reap the benefits described above, all while supporting a cause that you are passionate about.
Charity Oil only partners with reputable, licensed dealers who provide top-notch service and discount prices. This allows customers to receive the best quality while feeling good about the fact that a portion of their purchase has been donated to a good cause. Charity Oil donates five cents for every gallon of fuel people buy to charities such as March Of Dimes, The American Cancer Society, and Wounded Warrior Project. For example, a 300-gallon order results in a $15 donation.
To get started with your online fuel order, please click here. This will begin the registration process. The best part is that you can order your home heating oil online, 24/7! Contact us today or give us a call at (845) 470-1000 if you have any questions.