Those charities have huge overhead. Very little money goes to the actual cause.
this post was submitted on 21 Jun 2023
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There are sites to check how much actually goes out. Check before you donate.
First, please don't link to Reddit...
Many Of The Largest Charities In America Are Giant Money Making Scams
http://thetruthwins.com/archives/many-of-the-largest-charities-in-america-are-giant-money-making-scams
Remember kids, they also get to use the money they guilted off of you to reduce their tax liability because they get credit for donating your money!
My favorite one is when our utility company asks me to donate to help pay for people's utilities like they aren't raking in record amount of cash.
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People that give money for those charities are giving those companies free tax write offs.
You donate $10 or whatever. The company can then claim that $10 as a write off via donation to that charity. Campaign as a whole (either regional or national) collects $1M USD. Corporate accountants write off donation. Tax liability reduced.
No, that's not how it works. In order to do so, they'd have to first claim the money received as income.
That said, there are scummy things that they do. At the least, it's saying "we [bigcorp] donated $1,000,000 to charity" when in reality all that they did was collect it. In other situations, companies like Sobey's doesn't actually pass on food bank donations as cash, but rather have then as credit to buy products only from Sobey's.
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Those donations you make can help them deduct from taxes, right?
Here me out before accusing me of being a billionaire toady.
Not really, at least not in the US. Charitable contributions are a deduction from taxable income, not a credit, so it is still a net financial loss to donate.
Where the benefit comes is the PR and power over the organization they donate to and its sphere of influence.
It is a net loss if you donate your own money, in this situation Company isn't donating from its own revenue. It is donating customers money.
If I donated 1000$ and claimed tax deductible it would be a net loss. But if I asked everyone for donations, raised 1000$, donated that and claimed tax deductible that wouldn't be a net loss.
I think that's a myth as it isn't income it goes into a separate fund to transfer 1:1.
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Yes, which is why you should donate yourself if you are inclined to do so.
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Shell's audacity too...
And redirecting you attention on to the "offsets" scam too.
Ever wonder why climate change is such a problem if 1.5 pence per liter petroleum burnt can undo the damage? Spoiler: it can't. You can't sequester CO² for that cheap, and CO² isn't the only issue. "Offsets" are not certified by any trustworthy third party, and companies intentionally don't pry too much, so they can say "Oh sorry, didn't know" if anyone investigates and discovers they did squat-all.
I hate when they pull this shit at drive through fast food. “Would you like to round up to donate to our charity?”
Who knows what the person taking my order thinks about this charity, and what they might do to someone’s food who says no.
Edit: The fact that merely implying a fast food worker wouldn’t be a complete perfect human being gets so many downvotes says a whole lot about this community.
I can assure you that nobody working at the fast food restaurant gives a shit if you donate to charity.
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Just FYI this is a sort of scam. ~~The company donates the money on your behalf and they get the tax write-off for your donation while also appearing philanthropic for PR purposes~~. that's why they do it.
EDIT: US companies cannot do this in the US you can claim up to $300 on taxes. This is legit in the US.
They cannot, and do not, claim your donations on their taxes.
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I don’t trust them to actually donate anyway. How would you ever find out? I suspect these are scams to hold the money and get interest off it even if they do ultimately donate it.
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Then they will say it is more efficient to merge the donations with regular revenue and make bulk donations every quarter or something.
Yeah, this really bothers me. Because in reality, that company that you give money to at checkout is just going to bundle that all up and it's a donation in their name, used as a tax write-off. You as the shopper might feel nice and warm and fuzzy, but you're just giving a multimillion or billion dollar company a tax break. Just donate as yourself. If you want to help XYZ cause, do it on your own. My two cents.
That's not how it works, at least in the US. You are donating as yourself, and can use the donation as a tax write off if you would like.
Thank you for the link. To be clear to anyone too lazy to click (which you should do to verify anyway) this is a source that confirms that businesses don't get to claim your donation as their own.
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They cannot and do not use your donations as a tax write off. That's not how taxes work.
PSA: most Americans can get up to $300 deducted from their annual taxes through donations.
To be fair, I bet these companies strike deals with the charitable organizations to in turn raise visibility of those charities among the company's customers.
Or just...donate the perfectly good food they constantly throw out into the cadged dumpsters designed to keep homeless people out... Litteraly would cost them nothing...
"But if we feed them then those broke homeless people won't come in and spend their (nonexistent) money on our food!" -upper management
Please don't link to Reddit.
Sorry but this sub has a policy of crediting people rather than passing content off as their own. You can always just not click the link. Lifting content without crediting the op I got it from would be unethical
It's already lifted from Twitter, what's the point of crediting the person who lifted it without credit?
If I choose to donate I will do it on my own terms thank you very much.
And I will never ever give these fools my actual phone number for discounts. Just use any area code w/ 867-5309 to get around this.
Jenny Jenny, who can I turn to? You give me something I can hold on to. I know you think I’m like the others before who saw your name and number on the wall
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