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How much of the charitable contributions to disaster relief funds, actually gets to the victims?
We all know organizations such as Salvation Army and Red Cross, do their job. But some of these that pop up, I'm hearing bad things about. Chardon High School families of 3 murdered children only received 15-20%. Others have pending lawsuits with similar numbers, allegedly. I'm near the 3 Cleveland girls, which doesn't include SA or RC. Who do I trust?
You really need to do your homework when giving to charities. Some are great and some have terrible reputations. Red Cross and the United Way have had their issues over the years. The larger national ones often have problems because they become large and bureaucratic and begin to resemble a gov't agency. The local charities are easier to monitor. At the local level, I try to donate items rather than cash so their is less of a chance of misappropriation. But alot of the larger ones only want cash, which always makes me suspicious. Their are some great national charities though. For example, St. Judes is terrific. If you really want to do your own homework, their financials have to be public as part of their registration as a public charity. You can then look at what percentage of their contributions go to operating expenses, salaries, pension obligations etc. Here is the 2012 Red Cross Tax return...You can see the salaries of the highest paid execs.
http://www.redcross.org/images/MEDIA_Cu … th_IRS.pdf
by IDONO5 years ago
What would happen if charitable contributions (across the board) were no longer tax deductible?To claim tax credit on contributions, you usually have to itemize. For itemized deductions to exceed standard deductions, it...
by secularist105 years ago
At first, it appears so, according to this article:http://news.yahoo.com/mormon-bible-belt … 34869.html"Americans in Utah, Mississippi, Alabama, Tennessee, South Carolina and Idaho gave the highest...
by Eric Dierker4 years ago
So the Pentagon is now taking charitable contributions to make good on its' promise to pay dependents of KIA service men and women.From what I read there is provision to make these payments based on a bill passed last...
by Simone Haruko Smith5 years ago
What charities do you like? Which ones do you trust enough to support financially, and how do you evaluate their effectiveness? Share your thoughts on this subject as part of this week’s Weekly Topic Inspiration...
by Jimbo'daNimbo5 years ago
http://www.weeklystandard.com/blogs/rom … 52850.htmlLooks to me like to boy has taken care of what needed to be done and given generously.How sad he didn't do what the left wants us to believe.
by wiserworld4 years ago
How much do you donate to Christmas charities every year?
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