Shared Flashcard Set

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Week 10
By Kate, Kayla, & Mikayla
9
Finance
9th Grade
01/26/2012

Additional Finance Flashcards

 


 

Cards

Term
Charitable giving
Definition
Donation time or money to a non-profit or other organization that needs help
Term
Cost/benefit analysis, risk/reward relationship
Definition
A way to decide if the time or money will be useful enough to outweigh the possible costs
Term
Gifts in-kind
Definition
A helpful donation to a charity that is not money, but has monetary value (i.e. donating a fridge to a soup kitchen)
Term
Tax deduction
Definition
An amount of money someone can take off of their taxes because they gave money or gifts in-kind to a charity
Term
What is a cost of charitable giving?
Definition
The money is no longer yours and you cant always decide how the charity spends it
Term
What is a benefit of charitable giving?
Definition
You help others and it makes you feel good
Term
What are some goal different charities have?
Definition
Helping people who are less fortunate, protecting the environment, protecting wildlife, funding education
Term
What is one reason people support charities?
Definition
They want to help the cause
Term
What country is the most charitable?
Definition
America
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