locked Is there a U.S. Tax Deductible Entity that Supports NVDA?


 

Hello,
I'm wondering if there is a U.S. tax deductible entity that supports NVDA? There is a new $600 limit for non-itemized married tax returns in the U.S. that is a pretty strong encouragement to donate, but sadly this deduction is only for U.S. entities.
A common method for working with this limitation is for an existing nonprofit in the U.S. to fund the non U.S. entity.
I'm wondering if there are any U.S. nonprofits who fund the development of NVDA?
Thanks,


mike mcglashon
 

Here is what you do,

And I mean this with all sincerity,

Donate to united way or something like that,

As they are sure to pass the moneys onto another org that probably purchases/donates nvda;

 

 

Please advise as you like.

 

Mike M.

 

Mike mcglashon

Email: Michael.mcglashon@...

Ph: 618 783 9331

 

From: nvda@nvda.groups.io <nvda@nvda.groups.io> On Behalf Of Brandon Keith Biggs
Sent: Sunday, October 10, 2021 10:16 PM
To: nvda@nvda.groups.io
Subject: [nvda] Is there a U.S. Tax Deductible Entity that Supports NVDA?

 

Hello,

I'm wondering if there is a U.S. tax deductible entity that supports NVDA? There is a new $600 limit for non-itemized married tax returns in the U.S. that is a pretty strong encouragement to donate, but sadly this deduction is only for U.S. entities.

A common method for working with this limitation is for an existing nonprofit in the U.S. to fund the non U.S. entity.

I'm wondering if there are any U.S. nonprofits who fund the development of NVDA?

Thanks,

 


Chris Smart
 

Right, and what chance do we have that our money will in fact go to NV Access?

Nobody is purchasing NVDA itself.

 

Maybe we should donate in the spirit of helping a worthy cause, not expecting to get the money back? Just a thought.

 


Gene
 

You can’t assume that any general charity will give money to NVDA nor what percent of your donation will be given. 
As to giving just to give, while that is considered a higher form of charity, it is long established practice that the tax code encourages giving by allowing those who itemize to deduct charitable giving. 
 
Gene

-----Original Message-----
Sent: Monday, October 11, 2021 8:52 AM
Subject: Re: [nvda] Is there a U.S. Tax Deductible Entity that Supports NVDA?
 

Right, and what chance do we have that our money will in fact go to NV Access?

Nobody is purchasing NVDA itself.

 

Maybe we should donate in the spirit of helping a worthy cause, not expecting to get the money back? Just a thought.

 


mike mcglashon
 

Wow,

It is easy to spend someone else’s money;

Many people donate for strictly tax purposes

Are we in the business of measuring a man’s motives behind his donations?

 

Also, I can tell you this,

If I do not donate any money to anyone,

Then I am sure that an org will not purchase/donate money to nvda for one of its clients;

 

Please advise as you like.

 

Mike M.

 

Mike mcglashon

Email: Michael.mcglashon@...

Ph: 618 783 9331

 

From: nvda@nvda.groups.io <nvda@nvda.groups.io> On Behalf Of Chris Smart
Sent: Monday, October 11, 2021 9:53 AM
To: nvda@nvda.groups.io
Subject: Re: [nvda] Is there a U.S. Tax Deductible Entity that Supports NVDA?

 

Right, and what chance do we have that our money will in fact go to NV Access?

Nobody is purchasing NVDA itself.

 

Maybe we should donate in the spirit of helping a worthy cause, not expecting to get the money back? Just a thought.

 


Chris Smart
 

Hey, I’m not saying that it isn’t great that we can often get tax refunds for charitable donations. That’s great! But I would hate to hear that someone didn’t donate at all because they couldn’t get a refund, or donated to some other organization, not knowing whether that money would end up where it is intended, or perhaps pay their electricity bill or something.

 

I apologize for opening my big mouth on this topic.

 


 

Sorry, but I'm with Chris and Gene here.

If you want to ensure your donated funds are going to a specific organization, that's who you send them to, whether tax deductible or not.

The United Way and similar are wonderful umbrella organizations that, literally, try to "spread the wealth."  But you do not make directed donations via them.

And I have no issue with taking a tax deduction on donations where available.  I used to do that in the days when I itemized.  But that's never, ever the primary reason I gave money to anyone.  And I can say, with assurance, that the amount of tax difference for a small donation is trivial unless that small donation happens to push your deductible donation total up such that the whole gets above "a tipping point" in the itemizing game.

Everyone on these groups can do precisely as they see fit.  But when you solicit opinions in public you should not ever expect that they'll all be ones you like, nor that you are obligated to take any advice offered.
--

Brian - Windows 10, 64-Bit, Version 21H1, Build 19043  

The ignorance of one voter in a democracy impairs the security of all.

         ~ John F. Kennedy

 


 

By the way, if anyone has an actual direct answer to the question asked, whether a name of an organization or a "there isn't one," then please give it.  That answer is pertinent to NVDA.

Our metaconversation about charitable giving is not (and that includes my contribution to said conversation) and it needs to stop.  Now.  At least on the main NVDA Group.
--

Brian - Windows 10, 64-Bit, Version 21H1, Build 19043  

The ignorance of one voter in a democracy impairs the security of all.

         ~ John F. Kennedy

 


enes sarıbaş
 

Hi,

No offense, here is my question. Why do people donate for a tax deduction?  Isn't the point of a donation cherity, and not expecting to get that money back?

On 10/11/2021 4:52 PM, Chris Smart wrote:

Right, and what chance do we have that our money will in fact go to NV Access?

Nobody is purchasing NVDA itself.

 

Maybe we should donate in the spirit of helping a worthy cause, not expecting to get the money back? Just a thought.

 


Howard Traxler
 

It's my understanding that contributions to NVAccess is deductable under US tax code.

On 10/11/2021 10:35 AM, enes sarıbaş wrote:

Hi,

No offense, here is my question. Why do people donate for a tax deduction?  Isn't the point of a donation cherity, and not expecting to get that money back?

On 10/11/2021 4:52 PM, Chris Smart wrote:

Right, and what chance do we have that our money will in fact go to NV Access?

Nobody is purchasing NVDA itself.

Maybe we should donate in the spirit of helping a worthy cause, not expecting to get the money back? Just a thought.


 

Topic locked.  Any further discussion should occur on the Chat Subgroup.  We're not here for metadiscussion of charitable motives, and I thought I'd made that more than abundantly clear.

If someone has a definitive answer as to an organization in the USA that has tax deductible status that supports NVDA, please send that to the Owner Address and it will be conveyed.

Otherwise, this discussion is done.
--

Brian - Windows 10, 64-Bit, Version 21H1, Build 19043  

The ignorance of one voter in a democracy impairs the security of all.

         ~ John F. Kennedy

 


 

After discussions with Quentin Christensen, it has been confirmed that there is, as of this writing, no entity in the USA with which NVAccess has arrangements to allow donations from individuals in the USA to be tax deductible under US law.  Donations directly to NVAccess are not deductible under US law.
--

Brian - Windows 10, 64-Bit, Version 21H1, Build 19043  

The ignorance of one voter in a democracy impairs the security of all.

         ~ John F. Kennedy