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What are the benefits of donating to a charitable organization? Check all that apply.

- It gives the donor satisfaction, and it helps the charity's cause.
- It can often be deducted from the donor's taxable income.


Sagot :

Final answer:

Donating to charitable organizations offers tax benefits, satisfaction in supporting causes, and potential interest on the donated amount.


Explanation:

Donating to a charitable organization provides several benefits:

  • It can often be deducted from the donor's taxable income, reducing the tax liability.
  • It gives the donor satisfaction and supports the charity's cause.
  • It earns the donor interest from the charity on the amount given is not accurate as organizations are usually nonprofits and do not pay interest to donors.

Learn more about Charitable donations here:

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