Dec 31, 2011

Tax Deductions For Donations: Last-Minute Charity Suggestions For 2011

Huffington Post

When the clock strikes midnight tonight, it marks the cut-off for receiving tax breaks on 2011 charitable giving.

Make your donation as late as midnight, and you can still deduct it on your 2011 tax return.

If you're scrambling to make a last-minute contribution, you're in good company. Network For Good reports a huge spike in giving from noon to 7 p.m. on December 31.

What's more, the online giving site reports 10 percent of its donations come in on the last two days of the year.

USA Today points out that if you charge your gift as late as today and don't make a payment until 2012, you can still deduct it on your return.

If you're looking for suggestions on donating to worthy causes and tips on making major gifts, check out these sites below.

Charity Navigator
Charity Navigator is the ultimate reference tool for giving. Check out their A-Z directory for your major gift and take note of which charities have received the coveted four-star rating that takes into consideration accountability and transparency.

Network for Good
This site allows you to research 1.2 million charities and save you donation history and charity lists. If monetary donations aren't your thing, the site makes volunteering easy by providing opportunities through VolunteerMatch.

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