With the giving season upon us, it's crucial to ensure your donations reach genuine causes. Mary Hagen, CEO of Colossal, a professional fundraising company, offers valuable advice to navigate charitable giving and steer clear of potential scams.
Before donating, thorough research is essential. Utilize online resources to scrutinize a charity's registration, financial transparency, and accountability. Prioritize organizations that allocate a significant portion of donations directly to programs rather than administrative overhead.
Be wary of high-pressure tactics. Aggressive solicitation is a red flag, often employed by scammers. Legitimate charities respect your decision-making process and won't rush you. Take your time to research and choose wisely.
While online donations offer convenience, exercise caution. Verify the charity's registration status, especially if you seek tax deductions. For those new to donating or on a budget, adopt a "little fish in a big pond" approach. Identify where your contribution can have the most significant impact. Look for charities that clearly outline how each dollar is utilized. Larger donations might be better suited for organizations addressing substantial expenses, such as providing financial aid to families with ill children.
Finally, be cautious of unsolicited donations. With scams on the rise, particularly with the increasing sophistication of AI-driven schemes, it's safest to avoid solicited donations altogether. Focus on supporting causes you've personally researched and chosen.
