Giving – Money Crashers

12 Best Places to Donate Used Furniture to Charity

Sarah Graves — Sun, 16 Jul 2023 13:16:00 +0000

Whether you’re moving, downsizing, or in need of a home refresh, it may be time to say goodbye to your old furniture. And that means figuring out what to do with it. Fortunately, there are plenty of charities and nonprofit organizations that will happily take it off your hands if it’s in good condition. You

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Where to Donate Used Books – 11 Best Places to Start

Brian Martucci — Fri, 13 Jan 2023 14:18:00 +0000

My book collection outgrew its allotted shelves a few years back despite my best efforts to control its growth by patronizing my local library and avoiding literary impulse buys. Fortunately, the breaking point arrived just as my family geared up for a cross-town move. We gladly took the opportunity to donate dozens of hardbound and paperback

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How to Gift a House to a Family Member in a Tax-Efficient Manner

G. Brian Davis — Thu, 29 Dec 2022 18:00:00 +0000

Want to transfer your house or investment property to a family member? Expect the legal question of how to deed a property to your children to quickly become a tax question about how to minimize gift taxes, capital gains taxes, and estate taxes. Learn how to navigate these complex issues.

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Where to Donate Used Toys – 16 Charities & Places to Consider

Sarah Graves — Mon, 13 Jun 2022 11:00:00 +0000

If your home looks like a toy hoarder’s paradise, it’s time to declutter. Fortunately, there’s no shortage of places in desperate need of fun, enriching items for youngsters. Find out where to donate the used toys your kids no longer want.

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Where to Donate Used or Old Clothes to Charity

Amy Livingston — Mon, 06 Jun 2022 11:00:00 +0000

Donating old clothes has several benefits. It keeps unused garments out of landfills and gets them into the hands of people who can use them. It may also result in a charitable tax deduction. With so many national and local organizations that accept used clothes, it’s easy to find one near you.

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How to Donate a Used Car to Charity – 10 Step Vehicle Donation Guide

Sarah Graves — Mon, 16 May 2022 11:00:00 +0000

If an extra vehicle is gathering dust in your driveway, donating it to charity lets you skip the hassle of selling it and may land you a tax deduction. But it’s crucial to follow these steps to ensure the charity gets the most it can from the car — and you get the biggest tax deduction possible.

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12 Best Places to Donate Your Car to Charity

Sarah Graves — Mon, 25 Apr 2022 11:00:00 +0000

Donating your used car to charity is a convenient way to dispose of an old vehicle while reaping tax benefits. Plus, donating your vehicle lets you skip the hassle of trying to sell the car yourself. In fact, the most challenging part of car donations is finding the right charity to donate to.

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11 Ways to Recycle Used Electronics for Cash in 2024

Sarah Graves — Thu, 21 Oct 2021 13:00:03 +0000

It can be tricky to dispose of old electronics since they contain toxic substances. But you can get paid for recycling them. Even nonworking devices are eligible thanks to elements like copper and silver, which means you can score cash, discounts, coupons, and gift cards from these companies.

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14 Retailers That Will Recycle Your Clothes for Money and Rewards

Sarah Graves — Tue, 12 Oct 2021 13:00:05 +0000

Americans toss an astounding average of 81 pounds of clothing each year, most of which are recyclable. To help, many clothing retailers now offer incentive programs to encourage customers to recycle their old clothing and divert it from landfills. Does your favorite retailer offer recycling perks?

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Where to Donate Your Old Computers & Used Electronics to Charity

Sarah Graves — Mon, 19 Jul 2021 12:00:09 +0000

Is it time to replace your old electronic device? Rather than tossing it or letting it collect dust in storage, donate it to a worthy cause. But your donation can do the most good if you give it to organizations that can make the most of that device. Pick one of these worthy charities.

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How to Find the Best Charities to Donate to – 5 Characteristics to Look For

Amy Livingston — Tue, 29 Jun 2021 12:00:50 +0000

When something terrible happens, it’s natural to want to donate to the organizations trying to help. But crooks can take advantage of disasters to solicit donations to scam charities. Fortunately, it’s easy to check into a charity before donating to ensure your money’s going to a good cause.

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What Is the Freecycle Network – Give & Get Free Stuff

Amy Livingston — Thu, 06 May 2021 22:00:14 +0000

When you’re on a tight budget, you need to stretch every dollar as far as it can go. Freecycle helps people give things away to those who can use them. While there are some downsides, Freecycle is easy to use and good for both your wallet and the environment. Here’s how it works.

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How to Donate Your Used Stuff to Charity – 6 Tips for Giving the Most

Sarah Graves — Mon, 19 Apr 2021 20:46:04 +0000

Do you have a lot of stuff you just don’t need? Fortunately, you can donate it to charity for a tax deduction. But don’t just drop stuff off at a drop box. Several best practices ensure the donation process goes as smoothly and the charity can make the most of your donation.

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28 Best Places to Donate Your Used Stuff (Charities & Thrift Stores)

Sarah Graves — Mon, 29 Mar 2021 14:57:15 +0000

Few things make it easier to let go of possessions than knowing they’re going to a worthy cause. But to maximize the good your stuff can do, you have to know the best places to donate different types of merchandise. These charities have different niches, but they all allow you to help those in need.

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10 Ways to Volunteer Your Time and Give Back to the Community

Brian Martucci — Wed, 13 Jan 2021 23:45:29 +0000

There are many worthwhile and rewarding volunteer opportunities in the world, but how do you choose? It can be helpful to create a list of possibilities and vet them before deciding which are the best fits. Here are 10 easy ways to find volunteer opportunities that are right for you.

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6 Benefits & Reasons to Volunteer Your Time or Work for Free

Brian Martucci — Tue, 12 Jan 2021 00:00:01 +0000

Not all volunteering activities are voluntary. Court-mandated community service, often in lieu of financial penalties, is a common component of criminal and civil judgments in many jurisdictions. If you’ve been ordered by a judge to donate so many hours of your time, try to embrace the silver lining: It’s an opportunity to reap the benefits

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13 Good Places to Volunteer – Opportunities & Organizations

Brian Martucci — Mon, 11 Jan 2021 06:27:00 +0000

I recently made a list of every volunteer engagement I could recall doing, dating back to high school. I was pleasantly surprised by its length and diversity. Since turning 16, I’ve: I don’t say all this to brag. I actually don’t volunteer that much. Individually, these commitments demanded just a few hours of time each

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Time Banking Explained – How to Trade Services With a Time-Based Currency

Amy Livingston — Tue, 13 Jun 2017 00:00:38 +0000

Suppose you’ve got a leaky toilet in your bathroom. After trying without success to repair it yourself, you call a plumber who gets the job done in an hour. Normally, this would leave you with a hefty bill to pay – anywhere from $45 to $150 for that one hour of work. But in this case, there’s no

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How to Benefit From a Wealth Replacement Trust

Kiara Ashanti — Fri, 18 Jan 2013 18:15:59 +0000

While a charitable remainder trust (CRT) can be an excellent tool for charitable giving and estate planning, a wealth replacement trust is sometimes a better option. When you establish a charitable remainder trust, you transfer appreciated property to an irrevocable trust and designate a charity as the beneficiary. A portion (or all) of the assets

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What Is a Charitable Remainder Trust – Definition, Rules & Taxation

Kiara Ashanti — Wed, 18 Apr 2012 18:55:30 +0000

In popular media, there is a fascination with the differences between everyday Americans and the wealthy. However, in reality, the rich and the average American often use their money in the same ways. The rich routinely give to charity, and while the amounts they give are high, as a group they do not give more

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