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

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  • 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
  • Do Your Resesarch

Call the Charity

Find out if the organization is aware of the solicitation and has authorized the use of its name. Also ask if the charity or fundraiser has to be registered in your state by contacting the National Association of State Charity Officials (NASCO), an association of state offices charged with oversight of charitable organizations and charitable solicitation in the U.S.

(Photo: GettyImages)

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