Payroll Giving
Rosemount Good Shepherd Youth & Family Services have joined in partnership with Karma Currency to enable workplace giving and employer matching of donations.
How does Work Place Giving Work?
Workplace giving is a simple, tax efficient and cost efficient way to donate. Donations are made pre-tax, meaning that the tax deduction is immediate and guaranteed. So a $20 donation pre tax costs the donor only $13.70 after the automatic tax deduction, but charity receives the full $20 (assuming a marginal tax rate of 32.5%). Add matched giving by the employer and suddenly that $13.70 generates $40 for charity!
If your company is interested in donating through Pay Roll Giving, please see www.karmacurrency.com.au/workplace-giving and
to sign up please click here www.karmacurrency.com.au/corporatekarma/StartGiving.aspx