Charitable Donation

A gift made by an individual or an organization to a nonprofit organization, charity or private foundation. Charitable donations are commonly in the form of cash, but can also take the form of real estate, motor vehicles, appreciated securities, clothing and other assets or services.

Charitable donations often represent the primary source of funding for many charitable organizations and nonprofit organizations. In most countries, a charitable donation made by an individual will provide him or her with an income tax deduction.

Investment dictionary. . 2012.

Look at other dictionaries:

  • donation — do·na·tion n 1: the making of an esp. charitable gift 2 in the civil law of Louisiana: a voluntary transfer of ownership of property from one person to another compare sale dis·guised donation: a transfer of property (as a sale) that does not… …   Law dictionary

  • Charitable contribution — may refer to: A charitable donation generally For the US tax law term, see Charitable contribution deductions in the United States This disambiguation page lists articles associated with the same title. If an …   Wikipedia

  • Charitable Gift Annuity — A type of gift transaction where an individual transfers assets to a charity in exchange for a tax benefit and a lifetime annuity. As with any other lifetime annuity, when the beneficiary dies, the annuity payments are stopped, and the charity… …   Investment dictionary

  • charitable — char|it|a|ble [ˈtʃærıtəbəl] adj 1.) relating to giving help to the poor ≠ ↑uncharitable →↑charity ▪ charitable groups ▪ a charitable donation 2.) kind and sympathetic in the way you judge people ▪ a charitable view of his actions >charitably… …   Dictionary of contemporary English

  • Charitable contribution deductions in the United States — Charitable contribution deductions for United States Federal Income Tax purposes are defined in section 170(c) of the Internal Revenue Code as contributions to or for the use of certain nonprofit enterprises. See 26 U.S.C. § 170(c).… …   Wikipedia

  • Charitable organizations (Canada) — Charitable organizations in Canada are regulated under the Canadian Income Tax Act through the Charities Directorate of the Canada Revenue Agency. There are more than 85,600 registered charities in Canada.[1] The charitable sector employs over 2… …   Wikipedia

  • donation — donation, benefaction, contribution, alms are comparable when they denote a gift of money or its equivalent for a charitable, philanthropic, or humanitarian object. Donation is freely used for such a gift {blood donations} {seeking small… …   New Dictionary of Synonyms

  • donation — [dō nā′shən] n. [ME donacioun < L donatio < donatus, pp. of donare < donum, gift < IE * donom < base * do , give: see DATE1] 1. the act of donating 2. a gift or contribution, as to a charitable organization SYN. PRESENT …   English World dictionary

  • Donation — For other uses, see Donation (disambiguation). Donation box in Trinity Church, Copenhagen …   Wikipedia

  • Charitable trust — Wills, trusts and estates …   Wikipedia

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