1/11/2021
How Charitable Giving Impacts Your Legacy | Martin Urban DDS | Lifestyle
a How Charitable Giving Impacts Your Legacy by Martin Urban, DDS | Jan 11, 2021 | DDS, Martin Urban, Martin Urban DDS
Numerous individuals and companies tend to commit to charitable giving at the end of the year. Charitable giving peaks in December because of the generosity of the holiday season. Additionally, several companies seek to enjoy the tax bene ts of donating before the end of the year. When we talk about charitable giving, many people think of tax bene ts. However, tax bene ts are not the driving force of philanthropy. The math never makes sense because the tax relief does not o set the cost of contributing. This shows that tax bene t is a little incentive but not the primary motivation behind giving. Philanthropy narrows down to personal values. People view churches as the primary bene ciaries of charitable giving. But in a real sense, the churches channel the donations to their schools, universities, colleges, and pet organizations that they support.
https://martinurbandds.org/how-charitable-giving-impacts-your-legacy/
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