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Old 06-09-2007, 05:20 PM
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Default Charitable Donations


Tax season is a time to look back on a year of earning and spending—and for many, a year of donating to charities. Many of us right now are digging up tax receipts from charitable donations from the past year, and may be vowing to give more—or less, depending on your return, perhaps—next year.

Whatever the case, make sure you’re giving wisely. Not all charities are what they appear to be, and not all charities use your money in the same way. Some so-called “charities” piggyback on a popular cause or a contemporary issue but are putting more of their money towards “administrative costs” than anything actually charitable.

Don’t be wowed by a slick package or a celebrity endorsement—ask for the nitty gritty details of the organization. A legitimate charity should be putting well above 60 percent of its earnings towards its services—and will be happy to show you how its budget breaks down.

You can find the entire article here http://www.aboutmyplanet.com/daily-g...able-donations
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