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Guide to Choosing the Right Charity for You

by: yourbestbet123( 1031Feedback score is 1000 to 4,999) Top 1000 Reviewer
6 out of 8 people found this guide helpful.
Guide viewed: 876 times Tags: Charities | Charity | Giving | Philanthrophy | Donations


Navigating the Charity Maze

Many want to give, but get caught up in the fine details of choosing the right Charity organization.  Before selecting a charity, read below.  By using this guide, you will be one step closer to choosing the right charity for you.

(1) Check the Charity organization's designation:

  • Does it have a 501(c)(3) classification? - This means that the IRS recognizes the organization as a qualified charitable entity that can receive tax-deductible donations.
  • You can check on an organizations status with the IRS, by visiting the IRS' website.

(2) See how the Organization will use your donation:

  • They should provide this information free of charge when asked.
  • Visit the organizations website, or pamphlets for this information.
  • To find out how an organization spends their money visit google:
    • Give
    • Charity Navigator, and
    • Charity Watch

(3) What is the organization's mission?

  • Do you agree with the organizations mission and iniatiatives?
  • Review the organization's annual report - a breakdown of how they have spent their money in the past.
  • How much money goes to the cause vs. administrative staff and marketing?
  • Acroding to Charity Navigator, a charity watchdog group, if an organization spends less than 75% of its funds on the cause, walk away.

(4) Ask Questions:

  • Do they have relationships established with other community-based organizations?
  • Is there an infanstructure in place?
  • Are they strong enough to turn your dollars into helpful services?

(5) Always check on the organization's fiances through the IRS.

  • Get a copy of the most recently filed IRS From 990.
  • You can get a copy by googling Guidestar.

Guide ID: 10000000001909174Guide created: 09/25/06 (updated 03/03/08)

 
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