What is Charitable giving? Give Charity for These 3 Noble Causes 

What is Charitable Giving?

Usually, a charitable donation is when someone gives money or property to a nonprofit organization so that it can use it to fulfill its objectives without expecting anything in return. Orphans, widows, handicapped and elderly people who are hurt or ill are examples of those who are deemed to be worthy receivers of such charitable donations.

However, organizations and individuals also give charity or make donations every year to lower their tax obligations. Therefore, the concept of charitable giving can also be related to tax exemption. 

Technically speaking, charitable giving is the amount you provide to a charity in the form of assets, products, or services, the market value of which you can write off on your tax return. IRS regulations state that deductible contributions must be given to organizations that meet their criteria. It is not possible to classify donations made to a specific person, political candidate, or organization as deductible charitable giving. The charity receiving your donation must meet IRS requirements and have a charitable goal such as advancing research, literature, religion, or education. 

Types of Charitable Donations

IRS allows you to contribute and deduct the value of assets like clothing, cars, artwork, expensive items, securities, real estate, and jewels in addition to monetary gifts. The cost of these things may be deductible from your taxable income. But in order to be qualified for a tax deduction, you must fill out certain papers and submit some documents if the merchandise value of your charitable donations surpasses $500. In this way, gifts of time, money, or property made by an individual or company to an approved organization can be considered charitable contributions that qualify for tax deductions.

Give charity for these 3 noble causes! 

Making a difference 

There are many organizations that work tirelessly to bridge the gaps between social classes, improve health outcomes in underserved communities by educating medical professionals, work to eradicate homelessness and poverty, and ensure that everyone has access to food and clean water. Giving charity will help you change the world.

Helping others

First and foremost, when you support a cause, the world is a better place because of you. There are beneficiaries, regardless of whether you provide your time, cash, or skills. People might attend college as a result of the scholarship you support, kids might feel supported by the food or shelter they get, animals might be spared as a result of the charity you give to, and society's carbon footprint might go down as a result of your work and study. Giving back ultimately demonstrates kindness, and everyone around you can see that.

Medical Treatments 

In Pakistan, many individuals lack access to basic medical care. As a result, thousands of people throughout the country keep postponing medical checkups and treatments until the condition has grown to an advanced state. 

Donations from people are utilized to alleviate the suffering of deserving individuals. Transparent Hands is dedicated to providing them with the best medical treatments. Along with providing donors with a chance to support patients in a connected and open way, it also helps patients and donors develop a personal and trusted relationship. It offers free medical treatments such as chemotherapy, angioplasty, MRI, Angiography, and rehabilitation procedures for the crippled, as well as treatment for hepatitis C. 

Surgical Treatments

Through Pakistan's largest online healthcare platform, Transparent Hands has significantly improved the lives of the country's neediest and poorest people. The charitable organization offers a wide range of free adult and pediatric medical and surgical procedures. It wants to give Pakistan's underprivileged population access to high-quality healthcare facilities. Transparent Hands has successfully arranged thousands of surgeries and medical treatments. Angiography, Angioplasty, Biopsy, C-Section, Chemotherapy, Colonoscopy, CT Scan, Cystoscopy, Endoscopy, Hepatitis C Treatment, Lithotripsy, MRI, and Prosthetic placement are among them.

Health Camps

Transparent Hands has conducted around 200 free health camps in Pakistan since 2014. The platform ensures complete transparency while fostering close relationships between donors and patients. At Transparent Hands' free health camps, deserving patients can get the best medical advice, medications, hepatitis B and C screenings, ultrasound scans, blood pressure and diabetes tests, eye exams, and uric acid tests.

Let's join hands in hands and help our brothers in need through charitable organizations like Transparent Hands!