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I'm still not sure why people donate either.
by akhilcacharya 9y ago
I'm still not sure why people donate either.
- IncRnd 9y agoPeople donate through what are known as charitable gift annuities. It's a tax minimization and income strategy.
- akhilcacharya 9y agoDoes that actually work? You're still parting with $X after all.
- twblalock 9y agoYes, it works. There are a lot of ways to use charities, trusts, and similar things to avoid taxes.
- twblalock 9y agoPlus they can get their name on a campus building.
- mulmen 9y agoI donate so other students can have the same benefits I had.