Tuesday, December 17, 2013

CHARITABLE ORGANIZATIONS - DONATING YOUR TIME!

Volunteering your time can be personally rewarding, but it is important to consider the following factors before committing yourself:

Make sure you are familiar with the charity's activities. Ask for written information about the charity's programs and finances.
Be aware that volunteer work may require special training and the devotion of a scheduled number of hours each week to the charity.

If you are considering assisting with door-to-door fund-raising, be sure to find out whether the charity has financial checks and balances in place to help ensure control over collected funds.

Tip: Although the value of your time as a volunteer is not deductible, out-of-pocket expenses (including transportation costs) are generally deductible.

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