So McD’s asks you, when you pay, to round up the cost of your order for charity. My question is this: I’m giving the money to McD’s, not the charity. Am I then helping them get a bigger tax deduction for corporate giving? So my 18 cents they match means they get credit for a 36 cent charitable gift?
In: Economics
No, collecting money on a charity’s behalf is a pass through donation and they cannot claim a tax deduction for it. If they match, they can deduct the matching amount but not the customer donation.
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