Workplace GivingWorkplace giving is a simple and effective
way for you to regularly donate to a community group with deductible gift
recipient status (DGR)* through automated payroll deductions. You pledge a
nominated amount to Cottage by the Sea and that amount is sent directly to them
each pay.
Letter
of support from our Patron, Catherine Freeman.
WHAT’S IN IT FOR YOU? By contributing to a workplace giving pre-tax
program, you receive the benefit of an immediate tax deduction from your wage.
You are assured that your donation is received free of cost by the community
organization. Ultimately this means that less money is spent on fundraising and
more can be used for the actual cause.
Workplace giving does not require a lot of time or effort from you. Once a
contribution is set up, you can choose the level of involvement, if any, you
would like to have with your chosen organization. It is particularly handy for
people who would like to contribute to the community but do not wish, or are
unable, to take a more active role.
HOW DOES WORKPLACE GIVING HELP COMMUNITY ORGANISATIONS? Financial
assistance is vital to the ongoing work for Cottage by the Sea enables
Cottage by the Sea to better plan activities, goals and budgets based on a
regular flow on income. This means greater community outcomes can be achieved.
A workplace giving program makes it possible for Cottage by the Sea to
receive regular, stable and on-going funding at much lower administrative costs
– a preferable alternative to expensive fundraising activities. WHAT
HAPPENS AT TAX TIME?
Your company will keep a record of your donations across the year and provide
you with a statement along with your group certificate for the amount you have
donated.
In a pre-tax workplace giving system you will have already received the tax
benefit throughout the year for your donation. Therefore you only need to record
the amount on your tax return, rather than keeping receipts and claiming for
that amount. It’s an easy way to give.
To find out more about workplace giving, email us
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Workplace Giving