Entrepreneurship plays an important role in changing society, so it makes sense to cultivate, motivate, and remunerate this greatest asset to the greatest extent possible. 

Importance of Entrepreneurship

1. Entrepreneurship Accelerates Economic Growth

2. Entrepreneurship Promotes Innovation

3. Entrepreneurship Can Promote Social Changes 

4. Entrepreneurship Promotes Research and Industrial Development 

5. Entrepreneurship Develops and Improves Existing Enterprises

Thanks for your consideration to donate to ATEA. Your contribution will make an impact on the future of purpose driven entrepreneurship and help our community.

American Tamil Entrepreneurs Association (ATEA) is a 501(c)(3) non-profit organization with Federal Tax Id# 81-2597038. All contributions to ATEA are tax deductible to the full extent of the law.

Employer Matching Gifts

Double your impact with a matching gift to ATEA. Many employers offer a matching gift program and will match any charitable contributions made by their employees. Check out if your company has an employee matching gift program by inquiring with your human resources department.

If you have any question please contact us at [email protected]

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Small Business Guide to Charitable Giving and Tax Deductions


Benefits of donating to a charity

There are lot of benefits a businesses experiences when they donate to charities. Before selecting your preferred charity, research causes that are likely important to your customer base.

Connecting with your community

There are a few reasons why your business should consider donating. Charitable giving is good PR, and it makes sense for business, especially for small businesses that depend on their communities to keep them afloat.

Charitable giving demonstrates that you give back to the community and are in business for more than profit. As a small business, while you don’t get as large a tax deduction as big corporations and enterprises do, don’t overlook the other benefits of philanthropy.

Additional benefits

Customers are also likely to feel good about supporting a company that donates to charity.  Further, your brand image is improved because charitable giving demonstrates corporate responsibility. According to the Center for Social Impact Communication, millennials place great importance on corporate social responsibility.  

Donating to organizations that fit your business’s values

To make the most out of your donations, first of all, pick the right organization to donate to. For a small business that’s tied to the community, it often makes sense to pick a local group.

When seeking out an organization to donate to, take adequate time to select one. Making contributions to charities and organizations that truly mean a lot to your business is better than just doing it for the sake of making contributions. Put sufficient time, effort and energy into choosing the right organization for your business to support.

You may find two or three organizations that fit your business’s values. If that’s the case, don’t shy away from providing charitable contributions to multiple organizations. Building a relationship with and supporting multiple charities is a good idea. It gets your business involved in your community while also building strong relationships with great charitable organizations.

How much should your business give to charity?

According to a study conducted by American Express and The Chronicle of Philanthropy, small companies donate an average of 6% of their profits to charity. The tax benefit you receive will be based on how much you give and your business’s revenue.