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

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  • Do Your Resesarch
  • Not all charitable organizations are created equal.
  • 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

Get the 411

Ask for detailed information about the charity, including name, address, and telephone number. Searching the name of the organization online — especially with the word “complaint(s)” or “scam” — is one way to learn about its reputation.

(Photo: GettyImages)

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