It seems like everyone has their favorite personal charity. I’ve spoken about the need to donate more to charity, but this takes it a step further in the process. It may be because of an illness to a family member or a personal cause we’re attached to, but once we donate to our first choices, how do we determine what we should give our money to?
There are a lot of deserving charities, but how to we sift through them all and figure our who should get our hard earned money?
We could give to something like Love Drop, but how do we know if they use the money properly? (I know J$ puts the money to good use and has been doing some AWESOME stuff over there)
One great source for judging charities is Charity Navigator. They give ratings of zero to four stars to charities based on their operational efficiency and their financial well-being. It can be a great way to find out whether the charity you’re giving to is doing a good job of keeping costs low and putting your money to good work. With all things being equal, Wouldn’t you rather give money to a charity that puts the largest percentage of your money to good use?
Readers, how do you determine which charities to donate money to? What research do you do to find out if charities are using your donations properly?