Tuesday, September 9, 2008

"Giving Back" Tuesdays

Often when I'm researching different charities to share with you, I can't help but wonder how legitimate and honest some of the organizations really are. Even if the charity is well known and popular, it's always a good idea to look further into the organization to make sure your money is going where promised. The nations largest and most-utilized evaluator of charities, Charity Navigator, has a team of experts that assess the financial health of over 5,000 of America's best-known charities. This website is full of detailed information on just about every charity out there, so before you pop that check in the mail to your favorite cause, look them up on this website to learn more about where your money is really going.
According to Charity Navigator, the Top 10 Charities Stockpiling Your Money are:

In their own words, "we support a charity's need to build endowments and save for tough times and emergencies. But charities shouldn't just save money to save money. These 10 charities have tons of money. But are they getting the biggest bang for your buck? Each has stockpiled at least two years of reserves in the bank. Each has grown its revenues at least 25% for each of the past 3 to 5 years. Despite those deep pockets, these charities operate stagnant operations, expanding their programs by less than the rate of inflation (3%). Shouldn't all that cash be used more aggressively?"

I don't mean to put a negative spin on giving back, I just want to bring awareness to everyone to be smart about donating! I don't want to be taken advantage of when trying to do good and neither should you. Now on a positive note, the Top 10 Best Charities Everyone's Heard Of (according to Charity Navigator):


  1. hi julie! chocolate shop hunt is great, just putting numbers together and seeing if i can pull the whole thing off! always scary. can't wait to hear what you have in mind for your vintage business? curiouser and curiouser! i think i'll re-post my pay-it-forward post again as a reminder and see if anyone new signs up, i love the concept and want to take part on my end...talk soon!

  2. Yikes! Two of the worst are in Michigan while none of the best are in my state. Hmmm...we have some work to do!


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