
4 mistakes to avoid when donating to a charity
Very few things are nobler than donating money or other resources to charity. Donations are often made with the purest intentions, so donors usually do not intend to sneakily gain any advantage from giving money away. Unfortunately, there are plenty of mistakes one could make while donating to charity. Some such mistakes are easy to spot and sidestep, while others are harder to avoid. One needs to avoid these mistakes when donating to a charity: Not researching One must thoroughly research any charitable organization or NGO before donating money to them. This involves understanding the causes and issues that the organization supports, as well as their reputation. Potential donors can check critical documents such as impact reports and annual reports to see the financial and charity history of organizations they are looking to put money into. Failing to research may prove to be costly in multiple ways. For instance, one may donate to organizations that do not align with their causes and beliefs. Alternatively, donors may give less money than needed if they do not read the minimum requirement guidelines that such organizations enlist. Donating only once a year A donation should never be an obligation for anyone. People who follow a “one-and-done” philosophy to charity may as well avoid it if they cannot support multiple causes and charitable organizations throughout the year.
Read More