Charitable Donation

	Definition of 'Charitable Donation' A gift made by an individual or an organization to a nonprofit organization, charity or private foundation. Charitable donations are commonly in the form of cash, but can also take the form of real estate, motor vehicles, appreciated securities, clothing and other assets or services.
	Investopedia explains 'Charitable Donation' Charitable donations often represent the primary source of funding for many charitable organizations and nonprofit organizations. In most countries, a charitable donation made by an individual will provide him or her with an income tax deduction.

Related Definitions

Deducting Your Donations

Generosity may be its own reward, but some charitable giving also provides personal tax benefits.
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There are several things to consider when it comes to this type of charitable giving. Make sure you're well informed.
Using Life Insurance To Make Charitable Donations

Your life insurance policy can be a great tool for charitable giving. Find out how.
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