A grant is a tax-exempt payment that is given to a charity to help them spend money. In return, the charity receives a percentage of the funds raised by a particular project, or a cut of the revenue, whichever is greater. For example, your local Salvation Army would receive a grant that is equal to 4% of their revenue from alcohol and tobacco (a $16,000 grant).

Grant amounts can vary from $12,000 to $200,000 and can be given on a quarterly or yearly basis. As a general rule, the more money raised, the more they will receive. However, not everything needs a grant. A project, such as an online petition, can take a lot of funding to make it happen so you might want to give to a different charity that really needs it. For example, if you would like an online petition and the petition doesn’t need funding, you might donate to a non-profit that has it, such as a national animal welfare foundation or an animal sanctuary.

Can I give money away? Generally, you can give your money away as long as it is tax-deductible. But you can give it away at a reduced rate of 15% or 15 %, for example, up to $0.15 per transaction. You would need to give a statement to your accountant to make these adjustments. If the amount given is more than $4,500, you’ll need to include your receipt in your tax return.

To learn more, read Don’t Give Away Your Money.

By DAN KARELL

A.J. DeLaGarza was born on April 6, 1992 in Chicago, the youngest child in a three-generation African-American family of five. His parents, A.J. and Maria, were born in Cuba. His father was part of the U.S. Air Force and has a Master’s Degree from Arizona State University. His mother, Laura, served in the U.S. Navy and has a bachelor’s degree from California State University Sacramento as well as a Master’s Degree from the University of Central Florida. A.J. was raised in Tucson after being born to Maria. He and his brother were two of three children in the family. At the age of 4, A.J. attended a private academy in Tucson. During the summer between his 7th and 8th grade years he and his older sister were recruited to attend their friend’s summer camp. They also attended a local community college

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