Making intentional impact with compassion and confidence
Transcript of Making intentional impact with compassion and confidence
1
Making intentional impact with compassion and confidence
2
Tradition, Values, beliefs
Dedicationto a cause
Relationship to the agency
Somebody
Asked
Tax deduction
Responsible Citizenship
Casual - as things come up
Desire to make a difference
Participate in Community
Personal branding
To give back / recipient
of servicesMakes us happy
Cope with tragedy
Set an example for others
Support workplace
giving
Self esteem, belonging, self-
Actualization
Healing
Pursuit of meaning and
purpose
Leave a legacy
Notoriety / recognition
Feel empowered
Emotional experience
Be a good person
To right wrongs Know it matters
Why do we give?
3
Intentional. Planned and Researched
Budgeted. Realistic and Meaningful
Reviewed. Confirmed and Accountable
Making the greatest possible impact.
4
• How to research charities
• Protect yourself from scams
1. Intentional - Planned and Researched
Giving to a responsible agency/program increases meaningful impact.
Value of the donor’s dollar
Address the core issue
Accountability and transparency
5
6
7
Feeding the Homeless Food for the Homeless
Feeds 100 people per dayAdmin cost: %6
Feeds 50 people per dayAdmin cost: %12
Why is that charity executive making so much money?
8
Good intention good outcome.
One-Way giving is harmful
____________________________
Solutions that identify and address core issues, and uplift and empower
individuals, are more impactful.
9
10
11
12
Should always be substantiated by evidence of impact.
13
14
Cold-Calling / Emailing
Charity
Information
unavailable
EIN, mission,
goals, impact,
links to annual
report, 990, etc.
No History / Longevity
(esp. response/relief efforts)
Name closely
resembles
well-known
charity name
or name is
generic
High-pressure tactics
Asks for banking
/ cc info over the
phone
Asks for
donations in
cash
You have to pay
to get a prize or
donate in
return for a
chance to win a
prize
Bad-mouths
another
charity
Division of Consumer Services
(850) 410-3800(800) HELP-FLA (435-7352)
Office of the Attorney General
(866) 966-7226
National Association of State Charity Officials: http://www.nasconet.org
15
17
Tools for charity research
Talk to the charity – visit them if possible
Visit their website and social media sites
IRS Charity Verification
consumer.ftc.gov (search: charitable scams)
BBB Wise Giving Alliance
Charity Watch
Snopes.com
Charity Navigator
GuideStar
Tip: Google charity name + “scam”, “complaint”
18
Campaign Manager / Responsible office
Compliance, Ethics, and Risk
Employee Relations (Human Resources)
UCF Police / Victim Services
Information Security
• Where to give, how much to give, and how to give are your personal choice.
• You should never feel coerced or manipulated into supporting a charitable event or campaign at UCF.
Reporting
Options
UCF Campaigns – Donor benefits & Protections
19*Payroll deduction opportunities
January February March April May June
I Believe Campaign*
Knight-Thon (Children’s Miracle Network)
Relay for Life (American Cancer Society)
United Way Book Drive (local literacy initiatives)
July August September October November December
Heart Walk (American Heart Association)
United Way Campaign*
Food Drives, Toy Drives begin
Adopt a Family/ holiday projects
UCF Campaigns – Planning Ahead
20
GuideStar Rating: Platinum (highest rating)Charity Navigator Rating: 4 stars (highest rating)
21
22
23
What should you ask a charity?
24
• Identify your passions
• Making a donor Budget
• Other ways to make a difference
2. Budgeted - Realistic and Meaningful
25
26
Panhandlers and cold-callers
People asking for help
A friend’s cause or campaign
Organization you’re a member
of calls you
RAK
In-Kind donation drives
Give at churchPrice-up
campaigns at stores
Holiday campaigns
Sponsor heart walk walker
Bell ringersAttend a charity
event
Coins in a box (pet rescue, RMH, etc)
Natural disaster fund
Gas, mileage, other volunteer
expenses
Contribute homemade food
Give homeless person a new
coat
Donate to a scholarship fund
Support a friend’s surgery
fundraiser
Donate at a charity tour or
function
Workplace giving campaign
Person in line short on bill
Kids at Publix raising $ for a
class trip
Send flowers to a woman’s
shelter
Text to donate campaigns
Bureau of Labor Statistics, bls.gov, Consumer Expenditures Report
A household with an average total income of around $70,000 will give$1,900 a year.
27
28
Adjusted Gross Income (AGI)
Approx AvgAmt
% of AGI
Up to $25,000 $1,800 12.3%
$50,000 $2,500 6.8%
$75,000 $2,900 4.8%
$100,000 $3,300 3.8%
$200,000 $4,100 3%
$500,000 $7,400 2.6%
IRS Statistics of Income, 2014
29
Smart Giving.
30
One pack of
Smarties
= $300
One Smartie
= $20
31
Qualified organizationFile Form 1040 and itemize deductions on
Schedule AReceiving a benefit – impact on valueFair market value for item donationRecords requiredOver $250Over $500Item/group of items over $5,000
What is tax deductible?
https://apps.irs.gov/app/eos/ 32
File Form 1040 and itemize deductionsQualified organizationReceiving a benefit impacts deductibility Fair market value for item donation
Records required for taxesAll donationsA donation over $250In-kind donation over $500In-kind donation over $5,000
What is tax deductible?
https://www.irs.gov/pub/irs-pdf/p526.pdf 33
What is NOT tax deductible?
EXAMPLES:
A contribution to a specific individual
A contribution to a nonqualified organization
The value of your time or services
Your personal expenses
https://www.irs.gov/pub/irs-pdf/p526.pdf 34
Sticking to your budget:Panhandlers & other temptations
Refer to your budget
If safe, talk to the person.What’s their story?
What are their real needs?
Refer them to United Way 2-1-1
Gotta do it? Envelope it.35
hfuw.org/gethelp
Reduce waste
Helps you organize
Doesn’t cost you extra money
Still tax-deductible (sometimes)
BOGO –
Sticking to your budget:In-Kind Donations
36
Buy one, Give one!
37
Give time & talent
Name a charity as a life insurance beneficiary
Donate blood or hair, become an organ donor
Write a letter to an at-risk youth, elderly person, or
incarcerated person
Grow fruit & veggies in your garden to donate
Charity registry for your wedding or birthday
Help those around you
Sticking to your budget: Other ways to give
38
• ROI (Return on Investment)
3. Reviewed - Confirmed and Accountable
39
Intentional. Planned and Researched
Budgeted. Realistic and Meaningful
Reviewed. Confirmed and Accountable
Making the greatest possible impact.
40
• What resources can you use to research a charity?• What are some things to look for / ask a charity?• What does BOGO stand for?• What is the difference between Administrative Cost
and Campaign Fee?• Other than money, how can you give back?• How do charities maximize the value of your donation?• If you suspect fraud, what should you do?
41