8 mistakes to avoid when supporting charities
Engaging in charitable activities and giving back to the community offers many benefits. For instance, it provides a sense of fulfillment to the giver, enhances community well-being, builds empathy, and sometimes provides tax benefits. However, donating to a noble cause requires planning. Many people make mistakes when giving to a charity, which wastes their hard-earned money and brings no long-term benefit. Here are some of these common mistakes to avoid. Relying on emotional appeals Many people visit homes and make appeals through social media, asking for donations. However, one should exercise caution, as not all requests are genuine. Certain charity telemarketers are linked to for-profit entities and retain a significant portion of the collected funds for themselves. Therefore, individuals should make informed choices and ensure their donations benefit the intended cause. It is best to verify the legitimacy of the requests before making any commitments. One way to do this is to visit the organization’s website and inquire about its activities. Not researching well Individuals must research the legitimacy of charities and their functioning before deciding. For instance, one can learn how the organization distributes the money it receives for supporting a good cause and performing administrative activities. Ideally, a charity should assign about 75% of its profits to the cause and the remaining for promotions and administration.
