Money Monday: 7 Steps to Take Before Making a Charitable Donation

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  • Get the 411
  • Call the Charity
  • Dig a Little Deeper
  • Create an Annual Donation Plan
  • Know the Difference Between “Tax Exempt” and “Tax Deductible”
  • Don’t Use Cash When Making Donations
  • Steer Clear of Fly-By-Nights
  • Do Your Resesarch
  • Not all charitable organizations are created equal.

Dig a Little Deeper

As an extra precaution, check if the charity is trustworthy by contacting the Better Business Bureau’s (BBB) Wise Giving Alliance, CharityWatch or GuideStar.

(Photo: Courtesy Better Business Bureau)

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