If you’re on Facebook, it will always ask YOU to ask your friends to donate money to your favorite charity before your birthday. Same goes for many other platforms. I certainly think that it is a great gesture for that person to choose to ask and I certainly think it is a great thing for anyone to actually do. Have you ever wondered why they (Big Tech) started encouraging, asking and making it so darn easy?
Here’s the reason. Contributions to 401 (c) (3) organizations are tax-deducible. Great. Yet, many retailers ask you to “donate” to different organizations. Most, you get to pick. I’m sure all of the donations go to those organizations.
My point is that WHO is getting that tax-deduction? I’m pretty sure that Facebook isn’t sending donations that include individual donor’s information so that they can write that tax-deductible donation off. No. They are sending what is probably millions to various organizations then THEY get the tax write off.
Makes sense to me while they (or any other company – think “round up”) would ask you to… consistently… to do so.
Maybe I’m just a crazy conspiracy theorist. This has nothing to do with the philanthropic actions that someone’s birthday prompts or the people that actually contribute. I’m pretty sure that the organizations get the donations.
But, I’ll take a $200 million charitable donation to add to my tax return all day.
Something to think about.
