What is a Donation
A donation is a gift for charity, humanitarian aid, or to benefit a cause. and may take various forms, including money, alms, services, or goods such as clothing, toys, food, or vehicles.
Charitable donations of goods or services are also called gifts in kind.
Donations are given without return consideration.
Law and Donations
In politics, the law of some countries may prohibit or restrict the extent to which politicians may accept gifts or donations of large sums of money, especially from business or lobby groups. Donations of money or property to qualifying charitable organizations are also usually tax deductible.
There have been discussions on whether also a donation of time should be tax deductible.
The person or institution giving a gift is called the donor, and the person or institution getting the gift is called the donee.