00:00When you're in school, you are taught to share, and as adults, making donations is one way to keep sharing.
00:07Here are a few things to know before making a donation.
00:10Make sure the money is going to an actual charity.
00:13Scams are everywhere, even in the guise of a charity.
00:17Money Talks News suggests website Charity Watch can be a good place to check whether they are a legitimate group.
00:24Check their IRS status.
00:25Non-profits are usually listed with the IRS as a 501c3.
00:31This status should be clear when you make your donation.
00:35Get a Receipt
00:36As long as it is a 501c3, you should get a receipt for your donation for tax purposes.
00:42It's nice to save a little on taxes when doing a good deed.
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