Featured FAQ:
Tax deductions for a company giving program
With JustGive’s platform and products, your company can run a variety of different giving campaigns to engage employees and customers. All helping you make an impact and meet your corporate social responsibility (CSR) goals.
As a nonprofit organization, we take care of compliance and offer ways for you to easily conduct a charitable donation or disaster campaign or year-round giving program (matching optional) to inspire giving. We also can partner with you to process donations for an existing campaign. And then there’s our customizable charity gift cards which you can use to reward and thank employees and customers.
Now, when it comes to tax deductions…
Question
Who receives the tax deduction when a company runs a giving program with JustGive for employees or customers?
Answer
In most cases, your company is eligible for a tax deduction for all donations made through a giving program powered by JustGive. This can depend on the program, though, so contact us for more information.
If your company purchases charity gift cards or claim codes to give to employees or customers, you receive the tax deduction. That deduction cannot be passed along to the recipient.
So giving programs benefit your company in several valuable ways:
- Meet growing expectations of employees and customers that you’re a good corporate citizen
- Place your company among the ranks of other CSR leaders like Campbell’s Soup Company and Johnson & Johnson
- Earn a tax deduction that helps your bottom line
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– Candy Culver
Marketing Consultant
