Giving plan
This week, I've been checking all my online finance stuff, since I will have intermittent access. While I was doing my bill pay and such, I set up my donation checks. This sounds silly, but I am super excited about finally being able to donate.
I'll be supporting 4 "charities", which are Modest Needs, AVDA, American Cancer Society, and some friends of mine who are doing volunteer work in Kenya (check the links on bottom left). They're not all local like I had originally intended, but I am happy (obviously) with my choices. I chose Modest Needs because I like what they do - giving small grants to people when they need it. I am a cancer survivor and was helped by the ACS scholarship fund, so I will be donating specifically to the Fund in FL. AVDA works with local victims of domestic abuse - something that I am fortunate not to have personal experience with - and they could use all the help they can get. I met my friends online and I promised that I would donate to their efforts.
I have set up monthly payments to each of the charities (1 per week). Foe every month that I have an extra paycheck, I will prob donate to NPR.
What about everyone else?
Clink
26 comments:
Wow, what a huge step. Good for you. Sounds like some great causes too!
Thanks D. It's about time. I forgot to mention that I'm only set for 5% of my net, but it's a start.
that's good clink. Not matter how much one make. It always a good feeling to give.
I completely agree with you! Thanks for stopping by moneymonk.
I commend you for being diligent about giving! I believe that it all comes back to you.
I give 10% of everything I earn to my church. It's good feeling to be able to give. Great post.
-limeade
http://fiscalmusings.blogspot.com
Great work on giving!
Yay donating and feeling great! :)
Just a note, since we just finished (finished? really? are you sure?) tax season: try to get a receipt when you donate. If you itemize your taxes, you can deduct charitable donations, but only if you have a receipt (A new rule says you must have a receipt. In years past, as I understand it, receipts weren't required if it was under a certain amount. I suspect that the larger institutions should send you a tax document in the mail at the end of the year if you donate enough to them.)
Hey Clink,
I just found your blog randomly...and it looks cool.
It's great that you have monthly charity payments, donating to charity is something I need to do more often.
What a great thing to plan! I have been looking at financial planning a lot and learning a lot, and no one has suggested a giving plan that I've seen except for you and Steve Peasley of InvestTalk (http://blog.investtalk.com). I plan to give to MPP!
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