FAQ: Is my donation tax-deductible?

Tax law is different for every country, so we encourage you to ensure for yourself that your donations via our platform can be deducted from your income taxes. That said, the Give for Good system works well regardless of whether the taxes can be deducted or not. The reason Give For Good makes the impact of each donation bigger is that it keeps increasing over time and that increase has an “interest-on-interest-effect”. See below for the graph that shows the impact someone would have made with a 10 dollar donation 100 years ago, a 10 dollar tax-free donation or a 10 dollar donation via Give for Good (if we had already existed then). 

Source: Data build upon Robert R. Shiller, Stock Market Data Used in “Irrational Exuberance” Princeton University Press, 2000, 2005, 2015, updated data, available from the Department of Economics at Yale university. Give for Good’s adaptations can be downloaded here.