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By Tom Van Hemelryck, Idaho Region President for WaFd Bank
This year has proven to be difficult for nearly everyone, including nonprofits that have canceled their usual galas, fundraisers, runs and auctions that help to keep their organizations afloat. According to a survey by the Charities Aid Foundation of America, in May half of charities responded that they expected donations to fall by at least 20% in the next 12 months. Although giving has rebounded in recent months, particularly to health and food security organizations, it has not risen to the level of demand in most places. For many nonprofits, this giving downturn comes at a time of year when people rely on them most. This presents an opportunity for companies to fill the gap and support nonprofits in their communities.
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Three things you should know about donating points and miles to charity Published: Dec. 11, 2020 at 5:01 a.m. ET By Email icon
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Charitable donations tend to be popular around the holidays, and this year the needs of many nonprofits have shot through the roof amid the COVID-19 pandemic, the recession and natural disasters.
More than 90% of nonprofits said they have been negatively impacted by COVID-19, according to a survey conducted from May 28 to June 3 by the Charities Aid Foundation of America.
Cash may be tight for you, too, but there are ways you can donate to charity this year without dipping into your bank account. If you have a stash of airline miles, hotel points or credit card points that are collecting dust, you can choose to give them away to a variety of organizations.