this post was submitted on 16 Dec 2023
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Never ever ever ever give money to someone that promise to give it after to charity. There are countless stories with proof of people who never kept the promises. Even if they did give it, they get tax benefit instead of you. It's worth also (even more) for shop or other places that propose to round up the total and give to charity.
You want to give to charity? Just give to charity, why a middle man ?
No, they don't.
They literally just don't have to count the amount you gave them as income. That's it. That's the whole thing. You can't profit off of middle manning donations unless you commit fraud.
So, you're kind of correct. However, you CAN make profit by acting as an 'organizer' for the charity event, where the charity pays you the money as a service, but directly gets the donations. See: Games Done Quick, which is a for-profit LLC that the various charities they 'support' pay them to put on the event. Of course, this number naturally is likely to end up being a % of the last event's donations.
I don't see what that has to do with the premise, which is the somehow donating to charity gives you a net profit because taxes. The real issue here is that people don't seem to understand taxes (understandable, it's complex).
Here's how it works WRT to taxes:
Middle-manning charitable gifts is net zero tax-wise. The only potential for profit has nothing to do with tax write offs:
In short, donating to charity doesn't somehow make you better off in terms of taxes, at best it helps you with your branding.