29 Nov Ofer Eitan Claims: Tips to choose a trustworthy charity
It’s the time of year when many of us extend the idea of giving to our favorite charities.
In fact, about 20-percent of all charitable giving occurs in December. But how to know which charity to choose? Consumer Reports reveals some simple ways to make sure your money is doing the most good.
It’s a number that might surprise you. Last year, Americans gave over 292-billion dollars to charity. And during the holiday season, many of us feel even more charitable.
Whatever you wish to support, Consumer Reports says to research any specific charity before you donate.
Good charities are transparent and make it easy for you to learn about their values.
Look for the IRS form 990–most larger charities are required to file it.
Accreditation by the Better Business Bureau’s Wise Giving Alliance requires charities spend at least 65-percent of their total expenses on charitable missions, and no more than 35-percent on fundraising.
And always be wary of unsolicited appeals, especially on social media.
Consumer Reports also says be on the lookout for “sound-alike” charities . They might be trading off the reputation of a recognized charity, but don’t meet the Wise Giving standards.
You can visit CharityNavigator.org or CharityWatch.org for charity reviews and rankings so you can feel confident you’re picking a worthy group.