Donating to charity is–or should be–a year-round occupation. But during the holiday season, an abundance of pleas arrive in the mail or by telephone. Often, they’re from charities that you’ve never heard of. Still, you may be tempted to send $10 or so.
That’s fine if the charities are worthwhile. But some aren’t. How can you tell? The letters sound sincere.
The medical research seems okay. But, the real “charity” you’re supporting might be the people who mailed the letter.
Most givers know they should ask the charity the following question: What percentage of each dollar you spend goes for good works? The answer should be 60 percent or more, (more…)