Due Diligence
And I enjoy giving to charities...but am not always sure what charities are the best to give my money and get the most help to those in need.
But there is a website out there that evaluates thousands of charities and I will be using from now on to determine my giving patterns - Charity Navigator. They are independent and have all the nitty gritty details that I want to see - like the total overhead a charity takes from my donation.
Did you know that the American Red Cross spent over THREE BILLION dollars in the last fiscal calendar year? But did you also know that this is only a 8.5% overhead rate! That is a GREAT rate.
The Susan B. Komen Breast Cancer Foundation has a 20.8% overhead. That means for every $1 you give to SBK, only $0.792 goes to the programs to help in Breast Cancer research. That's not a bad rate necessarily, but we should all be aware of how charities allocate their funds.
So give to your heart's content! :) Just be informed about the charities to whom you give.