With the bustle and celebration of the holidays winding down and the year coming to an end, it’s tempting to relax and become one with the couch while planning to start over with new goals on January 1st. But there’s one more thing you should do before counting down to midnight, and luckily it doesn’t even require getting off the couch. Here are five reasons you should donate with Pinkaloo’s Modern Giving account before the end of the year:
1. Maximize Your Tax Return: Last week, we talked about the benefits of bundling donations to maximize your itemized deductions. For donations to qualify towards your 2018 returns, you’ll need to get them in by the time the clock strikes midnight on New Year’s Eve. So before you head out to ring in 2019, make sure you’ve closed out the 2018 tax year on the right note. Don’t know what organizations you want to support yet? Just fund your Modern Giving account, get your tax receipt now and distribute the funds in 2019.
2. Max Out Your Employer Match: If your company offers a workplace giving account with employer-matching funds, your 2018 benefits are likely running out at the end of the year. And if you haven’t reached your maximum match level, you’re leaving free money on the table. Take advantage of your company’s dedication to doing good by fully funding your Modern Giving account and support the causes you care about in a meaningful way.
3. Help Your Favorite Charities Meet Their Goals: There’s a reason why Giving Tuesday and Holiday fund-drives are such a big deal for charities. The holiday season is their last chance to reach their yearly fundraising goals and replenish their coffers after a year of doing great work. Help push them across the finish line with a donation that will help them close out 2018 with a bang.
4. Meet Your Own Giving Goals: Speaking of goals, your 2018 New Year’s Resolution may have fallen by the wayside somewhere back in February, but you can still achieve your giving goal before the year is officially over. Whether it’s your holiday bonus or the five dollar bill your grandmother slipped into your Christmas card, even a little bit can help you finish out the year strong.
5. Jumpstart Your 2019 Goals: Whether you came up short on your 2018 goals or blew straight past them, funding your Modern Giving account is a great way to kick off the New Year on a positive note. And because you can distribute the funds throughout 2019, donating now is a great way to motivate you to achieve other goals you set for the new year. Hit your exercise goal for January? Distribute the funds to your favorite charity. Give up on your diet after three days? Let someone else decide where the money goes. Whether or not you get six pack abs, you’ll still be doing good.
Whether 2018 was your best year ever or one you’d rather forget, you can still make it a meaningful one all is said and done. And if you don’t yet have a Pinkaloo modern giving account, sign up today and set yourself up for a great 2019.