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Think Before You Give

By
Real Estate Agent with Skylight Real Estate Consultant
Before you start writing checks to charitable organizations, make sure you know where your money is going.  The following tips are suggested by the Better Business Bureau (BBB) and the Federal Trade Commission (FTC), to help you feel more confident about your charitable donations. 
  1. Ask solicitors for identification.  Many states require fundraisers to identify themselves and the charity they work for.
  2. Request written information about the charity, including address and phone number.  Then check with the BBB.
  3. Always make contributions with a check payable to the charity, not to the individual collecting donations.
  4. Find out how your contribution will be distributed.  You should know what percentage of your donation is going to administrative cost.
  5. Never yield to high-pressure fundraisers and allow a courier to collect contribution immediately.
  6. Ask if state and local authorities license the charity.  However, registration does not mean that the government endorses the charity.
  7. Find out if your contribution will be tax deductible.  Just because a charity is tax-exempt, it doesn’t mean that your contribution will be tax deductible.
  8. Be wary of familiar-sounding names.  Some illegitimate organizations operate using names that are similar to those of well-known, respected charities, in hopes that you will not be watching.
  9. Donate with your head, not with your heart.  If you receive material that motivates you to donate, be sure that it tells you clearly what the charity is doing to aid in the issue, or remedy the problem.
  10. Frequently check watchdog organizations and keep records of where and how much you donate.

     

Comments(2)

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Jacqulyn Richey
Prominent Realty Group - Las Vegas, NV
Las Vegas Real Estate
Its sad to what levels people will sink to steal your money.  Posing as a fake charity has to be one of the worse.
Sep 12, 2006 09:36 PM
Christopher Smith
TREGO REALTY - Cedar Rapids, IA
Kevin, good post.  I got an email the other day, thought it was a potential lead, but upon reading further, it was too good to be true.  Turned out to be a scam.
Sep 13, 2006 12:52 AM