Donors Trust
Okay kiddo, let's talk about donors trust! Have you heard of it before? It's like a piggy bank for grown-ups who want to give money to charities and causes they care about!
So, imagine you have a piggy bank where you put your allowance, right? Well, grown-ups also have a piggy bank, but instead of money, they put in something called "donations". These donations are usually given to charities or organizations that help people and the world in different ways.
Now, sometimes grown-ups want to donate money but they don't know exactly which charity or cause to give it to. That's where donors trust comes in! It's a special kind of organization that helps grown-ups choose where their money goes.
Here's how it works: when a grown-up puts their money into donors trust, they can tell donors trust which charities they like and what causes they want to support. Then, donors trust will take those preferences into consideration and give the money to different charities or organizations that fit with what the grown-up wants.
Another cool thing about donors trust is that they also help the grown-up keep track of their donations for tax purposes. Like how you have to keep track of your piggy bank money, grown-ups have to keep track of their donations too!
So in summary, donors trust is like a piggy bank for grown-ups who want to donate money to charities and causes they care about, but they need help figuring out where to put their money. Isn't that cool?
So, imagine you have a piggy bank where you put your allowance, right? Well, grown-ups also have a piggy bank, but instead of money, they put in something called "donations". These donations are usually given to charities or organizations that help people and the world in different ways.
Now, sometimes grown-ups want to donate money but they don't know exactly which charity or cause to give it to. That's where donors trust comes in! It's a special kind of organization that helps grown-ups choose where their money goes.
Here's how it works: when a grown-up puts their money into donors trust, they can tell donors trust which charities they like and what causes they want to support. Then, donors trust will take those preferences into consideration and give the money to different charities or organizations that fit with what the grown-up wants.
Another cool thing about donors trust is that they also help the grown-up keep track of their donations for tax purposes. Like how you have to keep track of your piggy bank money, grown-ups have to keep track of their donations too!
So in summary, donors trust is like a piggy bank for grown-ups who want to donate money to charities and causes they care about, but they need help figuring out where to put their money. Isn't that cool?