August 1, 2014

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What to watch out for when donating to charity

Even when times are tough, many Americans budget a portion of their assets to go to charity. According to Giving USA, a research institute that publishes data and trends on charitable giving, Americans contributed more than $298.42 billion to charities in 2011.

While your heart may guide you to a particular charity, don’t just hand over your hard-earned money without getting some information. Though all charities purport to be doing good work, some organizations have less than stellar track records. Just as you would scrutinize a financial investment, so should you examine a charity to ensure your money makes the biggest impact possible.