At Acumen MB LLC, we believe every dollar has the potential to make a difference — especially when it’s directed toward causes that transform communities. On National Nonprofit Day, we’re honoring the dedication, vision, and impact of nonprofit organizations, both here in Northeast Ohio and across the nation. Nonprofits aren’t just about goodwill — they’re economic engines, employers, and vital service providers. From food security programs to educational initiatives, these organizations improve lives every day. And as accountants, we know that supporting nonprofits can also bring important tax benefits to individuals and businesses who give wisely. The Tax Advantage of Giving  While the heart of charitable giving is generosity, there are also tangible financial benefits to consider: Itemized Deductions – If you itemize your deductions on your federal return, donations to qualified 501(c)(3) organizations can reduce your taxable income. Appreciated Assets – Donating stocks or other appreciated assets may allow you to avoid capital gains tax while still deducting the fair market value. Corporate Giving – Businesses can deduct charitable contributions (within certain limits), and strategic giving can strengthen community ties while lowering taxable income. Tip: Always keep detailed records and receipts, and confirm the organization’s IRS-qualified status before donating. Spotlight on Local Nonprofits Here in the Cleveland area, we’re fortunate to have nonprofits making a difference in every corner of the community: Greater Cleveland Food Bank – Fighting hunger across Northeast Ohio by providing meals, resources, and advocacy. Cleveland Metroparks Zoo’s Future for Wildlife – Supporting global conservation efforts and wildlife protection. Providence House – Offering crisis nursery services to protect at-risk children and support families in need. Cleveland Play House – America’s first regional theater, enriching our community through arts and education. Connecting for Kids – Providing education and support to families with children facing developmental, behavioral, or learning concerns. BlueWater Chamber Orchestra – Bringing world-class classical music performances to Cleveland audiences and promoting music education. National Nonprofits Making a Global Impact Beyond our local borders, these national organizations inspire change worldwide: American Red Cross – Providing disaster relief, blood donation services, and humanitarian aid. Habitat for Humanity – Building affordable housing and stronger communities across the U.S. and abroad. Feeding America – Connecting surplus food with families in need through a nationwide network of food banks. Charity: Water – Bringing clean and safe drinking water to people in developing countries. How You Can Help — and Track It for Tax Purposes Giving is more than writing a check — you can also volunteer time, donate goods, or offer professional services. While the value of your time isn’t deductible, out-of-pocket expenses related to volunteering (like mileage) can be. The key is documentation — something we at Acumen MB LLC can help you organize so you get the full financial benefit of your generosity. Let’s Keep the Giving Going National Nonprofit Day is just one day, but the impact of your generosity can last a lifetime. Whether you give locally or globally, your contribution is part of a bigger story — one where community, compassion, and financial stewardship work hand in hand. If you’d like guidance on maximizing the tax benefits of your charitable giving or ensuring your records are audit-ready, contact Acumen MB LLC today. Let’s work together to make sure your generosity goes further — for you and for the causes you care about.