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YSK that, in the USA, when you’re asked to make a donation at check-out, the company does not get a tax break for it! (taxpolicycenter.org)
submitted 10 months ago by to c/youshouldknow@lemmy.world
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edit: you should also know that you should just donate directly to the charity, but I thought that was common knowledge

Apparently the idea that it gives corporations a tax break is a misconception, rather, YOU get the tax break! edit: yes you have to have receipts, thought that was common knowledge and didn’t think i needed a disclaimer

Thanks to @TheRealKuni@piefed.social, @iAmTheTot@sh.itjust.works, and @Zorcron@piefed.zip for that info!

edit: sorry for posting this, leaving it up so it’s not a “dirty delete”

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[–] 22 points 10 months ago (1 child)

A couple of things here, this is of course a pressure donation where people don't get the time to think about who they are giving to.

If a company does it right it should have information about the charity readily available. If not, this is a shitty practice in my book.

Many nonprofits have a high overhead. If this is the case a big percentage of your donation could be going into the pockets of administrators.

Also, while the company doesn't get direct benefits, it does get indirect. Like a goodwill vampire the company is leeching on the act of giving.

Lastly, while the company doesn't directly financial benefit there are no rules saying they can't promote a charity that their employees/owners/shareholders have involvement in.

While this may not be a bad thing there is nothing preventing them from picking a charity a major share holder runs thus enriching them especially if the nonprofit has high administrative costs.

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  • [–] 6 points 10 months ago

    This is why I just always default to "no thank you." I Donate to charities, and I am lucky to have an employer that matches donations and I take the time to use that program. I research who I make donations to and never do it on a whim.

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