Individuals who contribute money or property to a not-for-profit organization can take a tax deduction,making it easier for these organizations to raise funds from donations.

Name: Individuals who contribute money or property to a not-for-profit organization can take a tax deduction,making it easier for these organizations to raise funds from donations.
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Question

Quizplus · Accepted Answer

This is true. Donors can deduct their donations on their tax returns, which may incentivize them to give more to not-for-profit organizations.

Individuals Who Contribute Money or Property to a Not-For-Profit Organization