1. CHARITY MAKES YOU FEEL GOOD
It is a major mood booster to donate to charity. The knowledge you are helping others is tremendously empowering and can make you feel happier and fulfilled in turn. Research has recognized a connection between making a donation to charity and increasing brain activity that registers pleasure-proving that giving is much better than receiving.
We asked 500 of our generous donors, what motivates them to give regularly to charity; 42% agreed the enjoyment they receive from giving as a key influence.
2. CHARITY STRENGTHENS PERSONAL VALUES
A feeling of social conscience is the most widely-given reason to give to charity. Whatever type of charity work people support, most of them said they felt they had a moral duty to use what they had to help others, a sentiment very much rooted in their personal values and principles.
To many individuals, having the authority to enhance others ‘ life is a privilege, and one that comes with one’s own sense of duty. Acting on these powerful feelings of responsibility is a great way to reinforce our own personal values and feel like we’re living in a way that is true to our own ethical beliefs.
3. GIVING TO CHARITY INTRODUCES YOUR CHILDREN TO THE IMPORTANCE OF GENEROSITY
Sharing the donation experience with your kids teaches them from a young age that they can create meaningful world changes. Naturally, children enjoy helping others, so nurturing their inherent generosity is likely to mean growing up with a higher appreciation of what they have, and will continue to support a charity in years to come.
It’s simple to start a tradition of donating with your kids to charity try to create a family donation box that everybody can contribute to and nominate a family charity every year, involving the kids in selecting which causes to support.
4. GIVING TO CHARITY ENCOURAGES FRIENDS AND FAMILY TO DO THE SAME
Your own charitable donations can encourage your closest and dearest to give to causes worthy to them, and may even result in a family-wide attempt to support a charity or charities that are of particular importance to you as a community. Family charity develops a bond, helping to strengthen relationships through a shared objective and raising more cash than individual donations would otherwise be possible.
5. THE ABILITY TO MAKE A DIFFERENCE
It can create a large effect even the smallest of donations. NGOs have extremely cost-effective programs that can channel the value of each rupee to help the marginalized and poor throughout India. While India has seen increasing earnings, this has also matched increasing inequalities in Income. Making a difference in such moments allows individuals to feel a shared feeling of hope, fulfillment and purpose.
6. DONATION TAX REBATE
You earn the extra advantages of tax-deductible donations along with engaging in a significant social cause. Section 80-G of the Income Tax Act offers a tax rebate for donations and this rebate can be claimed while filing the ITR (Income Tax Return), which may be claimed by non-resident Indians. Hindu Family Undivided. To request a tax deduction for a charitable donation, the following documentation is required :
Stamped Receipt : Mentioning the name, address and PAN of the trust, as well as your name, and the amount donated.
Form 58 : Relevant for 100% deduction for charitable donations. The Form 58 should also be attached.
The organization’s Registration number : A valid registration number, with validity dates, must be mentioned on the receipt
80-G Certificate : Attach a copy of the 80-G Certificate to the receipt to complete your paperwork.
As you have embarked upon the journey of charity, you must keep yourself abreast of the most significant non-governmental organizations. The Gurukulians Foundation is India’s trust children education’s charity, and runs projects that brings access to essential service like education. Powered by kind-hearted individuals like yourself as well as corporations, the NGO is able to maintain a consistent education. Knowing that your hard-earned cash has reached a meaningful purpose such as educational rights will give you an impulse to do more for society.