People often keep a few things in mind when deciding to which charity they would like to contribute. Some decide on the social return by selecting a particular focus. An example may include primarily giving to groups that benefit children because that person truly believes society will benefit the most from harnessed childhood development. The results may be economic and social, thus solidifying the need for the donation. Others are inspired to help organizations related to their personal experiences. All in all, it is important to think in terms of what world change one would like to see.
Research the cause you are considering for a donation.
Is there proof that their work is resulting in a positive impact? Also, review the membership listing of their leadership board. Acknowledge the skills of each person and decide if those combined abilities can result in a well-run organization.
Consider crowd-funding as a way to donate to nonprofits.
Websites such as GlobalGiving.org and Fundly.com allow donors to select a project to submit funds toward. Afterward, they’ll even receive updates via email about the progress being made. Also, giving to charities without a large media presence may lead to greater progress in the early stages.
Giving results in other benefits beside the obvious. The amount of a donation can grow due to tax breaks. Several countries pride themselves in reducing taxation on gifts to charity. Some of these countries include Germany, the United States, and Italy. Low income countries are even more likely to give due to the tax relief and incentives. Not only is giving good for the soul but the government rewards you by reimbursing some of your money.
To learn more about charitable giving, visit BBC online here.