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.



Answer :

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.

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