charitable contribution

charitable contribution
n.
Donations of money or other valuable items to charitable organizations; often tax-deductible.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


charitable contribution
Cash or cash equivalent (goods or property) donated to a charitable organization. If made to a qualified recipient (one officially created for charitable, religious, educational, scientific, artistic, literary, or other good works), then charitable contributions are tax deductible.
Category: Nonprofits

Nolo’s Plain-English Law Dictionary. . 2009.


charitable contribution
n. A voluntary contribution of money or property to an organization involved in charitable activities and without getting or expecting to receive anything of value in return.

Webster's New World Law Dictionary. . 2000.

charitable contribution
n.
   in taxation, a contribution to an organization which is officially created for charitable, religious, educational, scientific, artistic, literary, or other good works. Such contributions are deductible from gross income, and thus lower the taxes paid.
   See also: charity

Law dictionary. . 2013.

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