If you want to help Harvey victims, cash is best

Personal Finance


“Just because someone shares something on Facebook, doesn’t mean they’ve checked out the group,” Borochoff said.

And while taxes might not be at the forefront of your mind right now, remember that charitable donations are tax-deductible if you itemize your return instead of taking the standard deduction, so keep your receipts.

Among the well-known groups taking donations specifically for victims of Harvey:

1. The American Red Cross, which has shelters open and is getting supplies to victims, is accepting donations on its website via a dedicated link. Donors also can call 1-800-RED-CROSS or text “Harvey” to 90999 to make contributions. Alternatively, some companies are collecting donations for the Red Cross relief effort on their websites. Among them are Amazon and Whole Foods, which will match cash donations (up to $1 million total).

2. The Salvation Army, which says it has disaster teams from across the country mobilizing to help Harvey victims and will support long-term recovery efforts, is also taking donations on its website. Or, you can call 1-800-SAL-ARMY or text “STORM” to 51555.

3. Catholic Charities says donations for Harvey victims will go toward food, clothing, shelter and a network of support services for those dealing with the aftermath of the storm. Contributions can be made via its website or by calling 713-874-6654. You also can text “CCUSADISASTER” to 71777.



Source link

Products You May Like

Articles You May Like

Who is the Real-Life Barry Cohen in new Hedge fund novel?
Retirement saving changes under the new tax code 
Google self-driving car creator Sebastian Thrun now working on Cresta
The huge money mistake most millennials make
Oracle’s stock slump and meager dividend give investors little hope

Leave a Reply

Your email address will not be published. Required fields are marked *