Donating Money to Charity: Their Associated Rewards

Matthew Shively
Many people decide each year to begin giving either their time, energy or finances to a local or national charity. There are many rewards that are associated with philanthropy. Many people use it to make themselves feel better about an emotionally disturbing event or crisis; others feel an obligation to give based on prior religious teachings. Whatever the case may be, people are donating money at record rates, even in these times of economic crisis. This is the true nature of what it's like to be a human being.

There are some simple steps to follow to make sure that you are giving your best, and not just your money. What is needed just as badly in some situations is the need of a simple hand. Volunteer workers are in short supply, and more are needed every day. If you are thinking of donating anything this year, keep in mind that just as important as giving money is to give help. Nothing beats the hand of a kind soul helping another out in a time of great need.

It is important when contributing to a charity not to overextend yourself, meaning do not give more money or time than you actually have. Pick a charity or two and commit to them fully. It's tempting when one of the many opportunities arises, but a person who is already overextended will be of little help to an organization that needs more.

Make sure you understand the logistics behind the charity. For one, make sure they are legitimate. Many false charities hoping to get rich off the kindness of others are everywhere, literally in every city. Be on the lookout and ask for credentials from solicitors. Also make sure you know whether donating to this specific charity can be used as a tax write-off.

Also important is understanding the cause and the organization working with it. While you may support the individual effort of the charity, it may support things that you would otherwise be against. Before committing to any charity, plan to know it from the inside out. Another important no-brainer is to never give out personal information or your credit card information. Above all, never ever give cash. Let the solicitor know that you would be more than happy to send a check to the organization.

Some charitable organizations offer material gifts to those who contribute to the organization. One thing to consider is that the prizes that they award come from a fundraising budget, meaning that some of the donated money is used to purchase incentive gifts. It is possible to tell the organization to keep the gift and to make sure that your monetary contribution is used for the good of the charity and the cause, not for frivolous coffee mugs for people who expect a material return on any dime spent.

Give to give, don't give to get.

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Published by Matthew Shively

I am a manager of civil law operations. Before this current management position I was a law instructor in the Air Force and a legal office manager. Within my organization I am a financial advisor and resou...  View profile

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