Which term describes a donation made to a non-profit organization?

Which term describes a donation made to a non-profit organization?

• A. Gift
• B. Investment
• C. Charitable Contribution
• D. Premium

Answer: (C)

The term that best describes a donation made to a non-profit organization is "Charitable Contribution." This phrase specifically refers to any money, property, or services given to a non-profit entity that is used for philanthropic purposes. Charitable contributions are often made by individuals or corporations, and they can provide tax benefits for the donor, making them an essential aspect of supporting non-profits and their causes. While the term "Gift" might also seem appropriate, it can be more general and is not exclusively used in the context of donations to non-profits. It can refer to any transfer of property or services without compensation, which does not necessarily indicate a philanthropic intention. Similarly, "Investment" refers to allocating resources typically with the expectation of generating a return and does not apply to donations made without anticipations of financial gain. "Premium," often associated with insurance or membership benefits, does not relate to philanthropic contributions. Thus, "Charitable Contribution" is the most precise term for this context.

The term that best describes a donation made to a non-profit organization is "Charitable Contribution." This phrase specifically refers to any money, property, or services given to a non-profit entity that is used for philanthropic purposes. Charitable contributions are often made by individuals or corporations, and they can provide tax benefits for the donor, making them an essential aspect of supporting non-profits and their causes.

While the term "Gift" might also seem appropriate, it can be more general and is not exclusively used in the context of donations to non-profits. It can refer to any transfer of property or services without compensation, which does not necessarily indicate a philanthropic intention. Similarly, "Investment" refers to allocating resources typically with the expectation of generating a return and does not apply to donations made without anticipations of financial gain. "Premium," often associated with insurance or membership benefits, does not relate to philanthropic contributions. Thus, "Charitable Contribution" is the most precise term for this context.