Karen Hube, a columnist for The Fiscal Times, presented five steps to maximize end-of-the-year charitable giving. In the Washington Post she wrote:
- Aim for a matching contribution.
- Size up the charity. [Determine how much of your donation actually goes to the cause, versus administrative costs].
- Give directly [to the charity, not to the third parties that collect money on behalf of charities].
- Consider the benefits of donating appreciated stock, rather than cash.
- Follow carefully the IRS's stringent rules.
"Above all, advisers say, keep good documentation of your giving," she said.
As you consider end-of-year gifts, think local, said Nancy-jo Manney, executive director of the Greater Springfield Chamber of Commerce.
The following is a sampling of nonprofits in Fairfax County. Those marked with an asterisk (*) are based in Burke/Springfield.
This is not an exhaustive list. If you have another nonprofit to recommend, please do so in the comment section of this article.
Sources: The Fairfax County Office of Public Private Partnerships, Patch Picks: Burke Area Nonprofits, Your Support of Fairfax Advocates for Better Bicycling Benefits the Community and reader recommendations.