The holiday season is a time of joy, gratitude and kindness. For many, this time of year brings a renewed focus on helping others through charitable donations. Whether it's supporting a cause you're passionate about, donating to local community efforts, or simply wanting to spread a little holiday cheer, giving during this season can have a meaningful impact.
However, with so many charities and the increase of scams, it’s important to think about how you want to give.
There are so many organizations asking for help. But how do you know if they’re legitimate? There are websites that provide reviews and ratings for nonprofits. A little research can help ensure your donation is used for what you intended. Check out these websites for assistance.
You can also check with your state regulator to see if the charity is registered.
While this time of year can be financially stressful, donating to a charity can be rewarding. Looking at your finances and deciding on a budget can help alleviate the financial strain.
If you’re not in a financial position to donate money, look for other ways to give. Clothing, toys, and other items that aren’t being worn or used can be worthy donations.
It’s likely there are many charities doing great work in your community. Consider helping local food banks, homeless shelters, and youth programs.
If you’re not sure where or to whom to donate, talk to people you know. It’s likely they’ll have a connection with or know someone involved in a local charity. Also, your employer may be involved in a charity.
Unfortunately, new scams attempting to steal money are launched every day. If you receive an unsolicited phone call pressuring you to donate to a cause, consider disconnecting the call. A legitimate charity making phone calls must follow certain rules. To learn more, click here.
For more information, check out this comprehensive guide from the Federal Trade Commission (FTC).