Monetary donations refer to the act of giving money to support a cause, organization, or individual in need. These contributions can be made to various entities, including charities, non-profits, and community projects. Monetary donations are often used to fund programs, provide services, or assist those facing financial hardships.
People can make monetary donations in different ways, such as one-time gifts, recurring payments, or through fundraising events. Many organizations provide options for online donations, making it easier for individuals to contribute. Donors may also receive tax deductions for their contributions, depending on the laws in their country and the status of the recipient organization.