I work for a large company which has some type of partnership with United Way. It encourages its employees to donate a percentage of your income to them – actually, it doesn’t really encourage so much as it cajoles; the company gives employees who participate stickers which they can use to dress casually for the day. Also, a specific percentage of employees in the company must participate in order to keep Friday’s casual.
Personally, I have my own charity which I prefer to donate to. I don’t have anything specifically against United Way, but I prefer the group I give to. My question is this: Is this company simply using its influence because of altruistic reasons, or can it somehow get a tax break because its employees are giving such a large amount of money to this charity? Keep in mind that the donations come right out or your paycheck, so while the emloyee can certainly claim this on their tax form, could the company since it is giving the money from the employee directly to the charity?
Yea, I know I sound cynical, but I find it hard to believe that the company cares that strongly one way or the other about this charity.