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COPYRIGHT 2005 Daily News
Byline: Elizabeth Lazarowitz
Dec. 14--Holidays got you in a giving mood? Make an addition to your gift list: a charity. With hundreds of groups clamoring for a bit of your limited budget, though, you don't have to be Scrooge to wonder, "What's in it for me?"
"The primary motivation to give really has to be a love of the work that the organization does," said Tony Martignetti, manager of Planned Giving Advisors, which helps nonprofits raise funds. "But I think a close second is the tax benefit."
If you're planning on itemizing deductions on your tax returns, including donations can help offset your income tax. For someone in the 25 percent tax bracket, for example, a $100 donation to your favorite cause will cost just $75.
About 70 percent to 80 percent of Americans contribute annually to at least one charity, a report by...
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