Charitable Giving
/ˈtʃærɪtəbl ˈɡɪvɪŋ/
Definitions
- (n.) The act of donating assets or money to qualified nonprofit organizations for public benefit, often with tax advantages.
Her charitable giving qualified for a significant tax deduction.
- (n.) In law, the framework governing the conditions, restrictions, and benefits related to donations made to charitable entities.
The charitable giving regulations require donors to maintain records for IRS audits.
Forms
- charitable giving
Related terms
See also
Commentary
Charitable giving encompasses both the act of donation and the legal doctrines regulating such transfers, especially regarding tax treatment and donor intent.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.