Yeah, this really bothers me. Because in reality, that company that you give money to at checkout is just going to bundle that all up and it’s a donation in their name, used as a tax write-off. You as the shopper might feel nice and warm and fuzzy, but you’re just giving a multimillion or billion dollar company a tax break. Just donate as yourself. If you want to help XYZ cause, do it on your own. My two cents.
Thank you for the link. To be clear to anyone too lazy to click (which you should do to verify anyway) this is a source that confirms that businesses don’t get to claim your donation as their own.
Yeah, this really bothers me. Because in reality, that company that you give money to at checkout is just going to bundle that all up and it’s a donation in their name, used as a tax write-off. You as the shopper might feel nice and warm and fuzzy, but you’re just giving a multimillion or billion dollar company a tax break. Just donate as yourself. If you want to help XYZ cause, do it on your own. My two cents.
That’s not how it works, at least in the US. You are donating as yourself, and can use the donation as a tax write off if you would like.
Source
Thank you for the link. To be clear to anyone too lazy to click (which you should do to verify anyway) this is a source that confirms that businesses don’t get to claim your donation as their own.
I didn’t know that, and appreciate you saying that. I stand corrected. :)
They cannot and do not use your donations as a tax write off. That’s not how taxes work.