Your Giving Tuesday Tax Write-Off Guide

Do something charitable and get a tax deduction, too.

After you’ve shopped till you drop from Black Friday through Cyber Monday, consider taking advantage of Giving Tuesday 2018 — which falls on Nov. 27  — to make a tax-deductible donation to your charity of choice. And if you donate through Facebook, the company will match your contribution.

Last year, Facebook and the Gates Foundation’s Giving Tuesday matching added an additional $2 million in funding to various nonprofits, and this year Facebook and PayPal will be matching contributions up to $7 million.

No matter how you choose to donate, there are plenty of charities across a number of causes that could benefit from your donation this year.

Animal Welfare Charities

  • Animal Welfare InstituteAims to reduce an animal’s suffering caused by people in laboratories, on farms, in commerce, at home and in the wild.
  • African Wildlife FoundationWorks to protect some of Africa’s rarest species, while also empowering the local people to conserve their natural heritage.
  • PetSmart Charities: PetSmart Charities helps to find homes for half a million dogs and cats each year through adoption programs, and also helps support spay and neuter programs to reduce pet overpopulation.

Save for Your Future

More Animal Welfare Charities: 25 Best Animal Charities to Donate To

Blind and Hearing Impaired Charities

  • Guide Dog FoundationThis charitable foundation provides free guide dogs and training to people who are blind, have low vision or have other disabilities. 
  • Hearing Health Foundation: HHF, which aims to prevent and cure hearing loss, is the largest nonprofit funder of hearing and balance research in the U.S.
  • National Federation of the BlindRuns several programs that aim to empower the blind to live their best lives.

Cancer Charities

Read: Warren Buffett and 14 Other Celebs Who Donate Millions to Charity

Child Assistance, Protection and Sponsorship Charities

  • Marine Toys for TotsCollects toys to distribute to less fortunate children at Christmastime.
  • Prevent Child Abuse AmericaPromotes strategies and activities across all 50 states that encourage healthy childhood development and aim to prevent child abuse before it occurs.
  • Ronald McDonald House CharitiesProvides housing near hospitals for families of sick children, as well as rooms within hospitals where families can rest and regroup, and mobile healthcare for children.

Save for Your Future

Environment Charities

  • The Conservation FundWorks to protect natural resources, including America’s forestland, in a way that makes both environmental and economic sense.
  • Sierra Club Foundation: Promotes solutions to global warming, and conservation of public land and water sources through philanthropy and advocacy.
  • World Resources InstituteWorks across more than 60 countries to protect the natural resources that provide economic opportunity and human well-being around the world.

Related: 36 Celebrities Who Use Their Wealth to Pay It Forward

Health Charities

  • American Kidney FundHelps people fight kidney disease and live healthier lives through prevention activities, educational resources and financial assistance for medical care, including dialysis and transplantation. 
  • American Lung Association: Works to improve lung health and prevent lung disease through education, advocacy and research.
  • Michael J. Fox Foundation for Parkinson’s Research: The largest nonprofit funder of research that aims to eliminate Parkinson’s disease.

International Relief and Development Charities

  • All Hands and Hearts: Addresses the immediate and long-term needs of communities impacted by natural disasters in the U.S. and abroad.
  • Charity: waterBrings clean water to people in need.
  • Operation USAHelps children and families around the world who have been affected by natural disasters.

Save for Your Future

Big Giver: Here Are All the Ways Oprah Winfrey Gives Back

Mental Health and Disabilities Charities

  • Alzheimer’s AssociationAims to eliminate Alzheimer’s disease through innovative research, provides care and support for those affected and promotes brain health to reduce the risk of dementia.
  • American Foundation for Suicide PreventionThis voluntary health organization funds scientific research, educates the public about mental health and suicide prevention, advocates for public policies related to mental health and suicide prevention, and supports those affected by suicide.
  • National Alliance on Mental IllnessRaises awareness and provides support and education related to mental illness.

Veterans Charities

  • Homes for Our TroopsBuilds and donates specially adapted homes for post-9/11 veterans who were severely injured.
  • Operation HomefrontAids military families through financial assistance, transitional and permanent housing programs, caregiver support services and other family support programs.
  • Wounded Warriors Family SupportProvides free retreats to wounded veterans and their families to help them work through emotional and psychological issues.

Youth Development Charities

  • Boys & Girls Clubs of AmericaProvides safe spaces for millions of kids and teens where they can develop skills and build connections.
  • Girls Inc.A network of nonprofits across the U.S. and Canada that provides mentoring, academic support and programs that educate young women about healthy living and life skills.
  • Scholarship America: Supports thousands of college scholarships and education assistance programs that benefit people across the U.S. and around the world.

Save for Your Future

Charity Tax Write-Off Guide

According to the IRS, you can “deduct charitable contributions of money or property made to qualified organizations if you itemize your deductions.” Most times you can deduct up to 50 percent of your adjusted gross income, but 20 percent and 30 percent limitations apply in some cases. 

You can deduct up to 50 percent for donations made to all public charities and public operating foundations, as well as private foundations that meet certain requirements. Contributions to certain private foundations, veterans organizations, fraternal societies and cemetery organizations are limited to 30 percent of your adjusted gross income. 

If you want to ensure your donation is tax-deductible, you can refer to the IRS’ complete list of organizations eligible to receive tax-deductible contributions, Publication 78.

Click through to read more about celebrities who run foundations or charities.

More on Tax Laws

Charities were sourced from Consumer Reports’ list of “Best and Worst Charities for Your Donations.”

About the Author

Gabrielle Olya

Gabrielle joined GOBankingRates in 2017 and brings with her a decade of experience in the journalism industry. Before joining the team, she was a staff writer-reporter for People Magazine and Her work has also appeared on E! Online, Us Weekly, Patch, Sweety High and Discover Los Angeles, and she has been featured on “Good Morning America” as a celebrity news expert. 

Read More

Untitled design (1)
Close popup The GBR Closer icon

Sending you timely financial stories that you can bank on.

Sign up for our daily newsletter for the latest financial news and trending topics.

Please enter an email.
Please enter a valid email address.
There was an unknown error. Please try again later.

For our full Privacy Policy, click here.