What happens when you donate to a charity at a store checkout?

383 viewsEconomicsOther

I’ve seen large corporations brag about donating large sums of money to charity.

Are donations collected at checkout (E.G Checking out at Publix and the cashier asks “Would you like to donate to cancer research?”) included in those sums?

Are donations collected used for tax benefits of the corporation?

In: Economics

17 Answers

Anonymous 0 Comments

The other commenters are incorrect, they do not get any tax benefit from it. They get marketing and increase customer goodwill. They might include these numbers in their bragging, but only if they don’t claim to have “given” the money themselves. They might say “raised” if they’re talking about it. Pay attention to how they word it.

You are viewing 1 out of 17 answers, click here to view all answers.