Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Donations and other Charity topics.
Typically understaffed and overworked, nonprofit organizations often survive on a backbone of volunteers. Donating your time and skills to an organization provides much-needed labor to nonprofit organizations and gives you an opportunity to see the organization first-hand and become involved on the ground level.
You can deduct expenses related to volunteering, such as mileage, fares, tolls, et cetera, but you are not able to deduct the value of your donated time.
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Sherril Steele-Carlin |