121 votes

How can I gift $41,000 to my friend anonymously? (Australia)

Use a Lawyer To ensure the legality and anonymity of such a transaction you should be able to use a lawyer as an intermediary without revealing your identity to the friend. Contact a lawyer and ask ...
StephenG - Help Ukraine's user avatar
51 votes

Is "bank.gov.ua" the official website of the central bank of Ukraine?

It's legit and has been in use for at least 23 years. A quick check with the Wayback Machine shows that the first record of bank.gov.ua being used by the National Bank of Ukraine goes back to January ...
TooTea's user avatar
  • 798
47 votes
Accepted

Charity say that donation is matched: how does this work?

The amount is pretty much fixed in advance, and the sponsor is acting to prop up donations to the charity. A made-up example, with convenient large numbers: The Richie Rich Corp. Foundation has ...
Nimloth's user avatar
  • 536
46 votes

How can I gift $41,000 to my friend anonymously? (Australia)

Frame Challenge (idk if that's a thing in this SE, but I think it should be in this case) You're concerned your friend won't accept the money if he knows it is from you, how do you know he'll accept ...
TCooper's user avatar
  • 660
34 votes
Accepted

Is it standard to not provide receipts or invoices for donations?

They did send you a receipt, it's just informal and not a separate document like a .pdf file. I can't speak for your employer but at least for the IRS, I think the email should suffice for the tax ...
Nosjack's user avatar
  • 8,697
26 votes

Is "bank.gov.ua" the official website of the central bank of Ukraine?

The site ukraine.ua has, for a long time, been run by the Ukrainian government, has been registered in 2012 according to whois, and is owned by the Ukrainian patent office, uatm.ua: domain: ...
Guntram Blohm's user avatar
24 votes

In Germany, how can I maximize the impact of my charitable donations?

Which charitable cause is the most worthwhile one? That's a very broad and difficult question, both ethically and practically. I do not fathom to estimate whether a dollar spent on vaccinations in ...
Philipp's user avatar
  • 23.9k
24 votes

Charity say that donation is matched: how does this work?

Who are these donors who give a variable amount of money based on the amount given by everybody else? I would guess that these are some kind of organizations? Could be individuals or organizations; I ...
D Stanley's user avatar
  • 135k
24 votes

I would like to donate my IRA to a certain charity. Will that charity be able to withdraw the money from the IRA tax free?

The charity will not be able to withdraw anything from your IRA, it is yours. Only you can withdraw from it. In order to donate the amount you first need to withdraw it. It will be reported to you as ...
littleadv's user avatar
  • 174k
19 votes

Is it standard to not provide receipts or invoices for donations?

Thank you for your generous donation of [price omitted]. Your contribution was received on [date omitted]. Every dollar counts and we appreciate your contribution to our cause. That is your receipt.
Hilmar's user avatar
  • 7,860
19 votes
Accepted

Can a community charitable organization collect donations on behalf of a specific person?

TLDR: Absolutely not unless the person qualifies for an established "support of the needy" program... and it wouldn't help anyway, and they should just give money to the widow directly. ...
Harper - Reinstate Monica's user avatar
18 votes
Accepted

Should I give to charity by check or credit card?

As someone that has run a nonprofit, my 2 cents: First: thank you for giving and for being conscientious about wanting to make things as easy as possible. The best method is the one you'll actually ...
user41376's user avatar
  • 196
17 votes

Is "bank.gov.ua" the official website of the central bank of Ukraine?

*.gov.ua can be fairly conclusively considered under the control of Ukraine's government, and it appears to be their standard to use English subdomains. https://twitter.com/DefenceU, the verified ...
ceejayoz's user avatar
  • 2,564
16 votes
Accepted

In Germany, how can I maximize the impact of my charitable donations?

You're clearly aware of the subjective nature of your question, so I won't hit too hard on that point, but I think it would be worthwhile to spend a bit of time focusing on the type of impact you'd ...
daytrader's user avatar
  • 2,232
16 votes
Accepted

Is it possible to give to charities anonymously?

The simplest way to handle this would be to buy money orders, make them out to the charities, and leave your name off them. Money orders don't require you to put your name on them, just the name of ...
Daniel Anderson's user avatar
10 votes

Is it standard to not provide receipts or invoices for donations?

In my experience I have received proof of contribution by one or more methods every time I make a contribution: Email from the charity Email from a 3rd party. That is when participating in a charity ...
mhoran_psprep's user avatar
9 votes
Accepted

I gave items to a Charity Shop to sell, and signed up for Gift Aid on the donated items when sold. Should I put this on my Self-Assessment?

If you fill in a Self Assessment Tax Return then yes you should include that amount in the "one-off donations" total. It will effectively decrease your taxable income if you are a higher ...
Vicky's user avatar
  • 24k
8 votes

Why do so many NFL (pro football) players have charities?

In addition to tax-related benefits, one answer may be that it helps them avoid being inundated with requests to support other foundations. Most charities have access to public records that indicate ...
BobbyScon's user avatar
  • 14k
8 votes

If I donate something to charity can I claim tax back based the price in £ I originally paid for it?

In the UK the primary way for most people to claim back tax on charitable donations is through Gift Aid; this is only meaningful to you as an individual if you are a higher rate tax payer, as the ...
Vicky's user avatar
  • 24k
8 votes

Can a community charitable organization collect donations on behalf of a specific person?

If the church is simply acting as a conduit with donations specifically designated for the widow, almost certainly not. In this case, the donation is being made through the church to a specific ...
Stan H's user avatar
  • 7,241
7 votes

Is it possible to give to charities anonymously?

I know your pain oh, so much. I literally have a 14 gallon rubbermaid container FULL of solicitations I have received. Even worse, for-profit fundraising companies send most of those mailings! They ...
Harper - Reinstate Monica's user avatar
7 votes
Accepted

Tax deduction for donating to international charity

Basically to know if a charity is tax deductible in Australia you should do a search on 'ABN Lookup'. In 'ABN Lookup' if you type "Save the children" in the search box it will come up with a few ...
Victor's user avatar
  • 21k
7 votes
Accepted

Donation via text message, does all (or most) of the money go to the charity?

Assuming that this was a direct sign up to donate to Save the Children via text, and not via some third party broker or agent, then Save the Children get 100% of your donation. They have the details ...
Vicky's user avatar
  • 24k
6 votes

In Germany, how can I maximize the impact of my charitable donations?

You ask: How do I find the charity that will save the most human lives per dollar donated? You do it by first being clear about your goals and the means you want to use to achieve those goals, and ...
Lawrence's user avatar
  • 9,362
6 votes

Is it possible to give to charities anonymously?

You could always put cash in an envelope and mail it, with no return address on the envelope. Any form of anonymous donation that I can think of has the risk that if the money is intercepted and ...
Jay's user avatar
  • 22.7k
6 votes

How to donate money anonymously?

How big or frequent of a donor are you? For larger donors in the U.S., there is the Donor Advised Fund. You donate to the DAF, and the money can either be re-donated onward to a charity of your ...
Harper - Reinstate Monica's user avatar
6 votes

Is "bank.gov.ua" the official website of the central bank of Ukraine?

The website is probably legit, as .gov.* subdomains are usually only obtainable by various government office, i.e. a private person cannot register one easily without impersonating a government ...
5anya's user avatar
  • 69
6 votes

Charity say that donation is matched: how does this work?

There are multiple approaches unfortunately lumped together.... Challenge grants: "If you get some number of donations and/or some amount of donations, I promise I will make a large donation.&...
keshlam's user avatar
  • 46.5k
6 votes

How do I value items for charitable deductions?

If it would sell on eBay or at the bookstore for $30, then that's the FMV and you would use that amount for your tax return. The IRS has a nice guide for determining FMV of donated items if you want ...
Hart CO's user avatar
  • 70.5k
5 votes

Is A Company Abusing The Tax Code When It Does This, And How Does The IRS Prevent It?

A rather good IRS paper on the topic states that a donation of a business' in-kind inventory would be Under IRC 170(e)(1), however, the fair market value must be reduced by the amount of gain ...
user662852's user avatar
  • 8,389

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