this post was submitted on 23 Feb 2026
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Lemmy Shitpost

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[–] Retro_unlimited@lemmy.world 101 points 1 day ago (1 children)

The store takes your donation, then they donate it and take all the credit.

“Store name” donated $1 million to XYZ Charity.

[–] Eczpurt@lemmy.world 34 points 1 day ago* (last edited 20 hours ago) (4 children)

Not only do they get the credit, they also get tax benefits from the donation.

Update: Seems I am incorrect! Thanks for the polite discourse.

[–] CompactFlax@discuss.tchncs.de 45 points 1 day ago (2 children)

I don’t think they can get a tax break, but they definitely get the media attention.

[–] daannii@lemmy.world 8 points 22 hours ago (1 children)

Well if they donate that money to their own charity then I'm sure they figure out some way to keep most of it. "Admin costs " and such.

[–] village604@adultswim.fan 6 points 22 hours ago (1 children)

No, that's not how it works. All they get from the donation is good PR.

[–] daannii@lemmy.world 3 points 16 hours ago* (last edited 16 hours ago)

A lot of billionaires have their own charities.

You telling me they only do it for PR?

I don't believe it. That's just not consistent with their greed.

I'm sure that the charitable image is part of it. But I don't think they are doing it for only that reason.

[–] iamthetot@piefed.ca 16 points 22 hours ago

This old myth still... They do not get any tax benefits. That's not how taxes work. The donation is your donation. You can claim it on your own taxes if you itemize deductions.

[–] surewhynotlem@lemmy.world 5 points 21 hours ago

They make a dollar, they donate a dollar. No change to tax.