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Sunday, May 6, 2012

Donation

A donation is a gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause. A donation may take various forms, including cash offering, services, new or used goods including clothing, toys, food, and vehicles. It also may consist of emergency, relief or humanitarian aid items, development aid support, and can also relate to medical care needs as i.e. blood or organs for transplant. Charitable gifts of goods or services are also called gifts in kind. The largest form of gifts in kind is created in many nations by the donation of aging automobiles with the item donated being picked up, sold and the proceeds given to the charity or non-profit (type or named) which was the target of the donor's generosity. One standard way of obtaining donations is the use of raffles for the accumulation of funds.

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