Why nobody gets a tax benefit when you donate at the checkout

Economics | 123154 hits | Jul 25 9:43 am | Posted by: DrCaleb

We're often asked at the checkout counter to give money to charity, but who gets the tax receipt? According to industry experts, nobody does â€” and the whole system is a boon for charities, and for retailers' marketing efforts.

Comments

by DrCaleb
Mon Jul 25, 2022 4:56 pm
The cynic in me just thinks the store only donates a small percentage to charity, and pockets most of it.
by raydan
Mon Jul 25, 2022 5:27 pm
"DrCaleb" said
The cynic in me just thinks the store only donates a small percentage to charity, and pockets most of it.

Must be why I never donate at these things.
by DrCaleb
Mon Jul 25, 2022 6:58 pm
I don't, because they often don't name a charity, or name a charity that isn't registered in Canada, like "Habitat For Humanity". (They are a non-profit)
by Tricks
Mon Jul 25, 2022 8:38 pm
The only one I'll typically do is firehouse subs. They have a charity setup to go to first responders to use/give back to their communities. And they do it right where instead of asking for x amount, they just ask if you want to round up to the closest dollar.

Plus their subs are great
by herbie
Mon Jul 25, 2022 8:50 pm
It's because THEY get the tax receipt for YOUR donation.
You think all that loose change donated at SaveOn and Jimmy P. doesn't get a receipt when he donates it all in bulk?
by JaredMilne
Tue Jul 26, 2022 4:32 am
This is why I do all my donations on my home computer. I get the receipt straight from the charity, and I can save it for when I do my taxes.

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