News & Insights

Community involvement is an effective way to engage with the community around you while obtaining an attitude of gratitude. To give back, you don’t necessarily have to give financially. Other ways to give within your community are by offering your time, resources, or expertise. The benefits of community involvement allow you to gain a presence within the community, make friendships and connections, help others, bond with family and friends and it can also be tax deductible.

Community involvement projects can either benefit the environment, seniors, animals, homeless or struggling community and local neighborhoods. Here is a list of places that may or may not have occurred to you:

  • Community Center
  • Hospital
  • YMCA
  • Adoption Center
  • Food Bank / Soup Kitchen
  • Local Churches
  • Park
  • Sports Teams
  • Youth Programs
  • Library
  • Community Theater
  • Historical or Neighborhood Restoration

To explore additional opportunities or gain more information about involvement within your community, we recommend you contact your city or local organization websites/offices. For tax purposes, keep record of out-of-pocket expenses incurred through charitable work such as: mileage, parking fees, tolls, bus/taxi fares etc.

Disclaimer: This information should not be construed as financial advice however, it is provided as a resource. Financial decisions should be made only after a careful review of your personal situation and in consultation with your tax and/or financial advisor.

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