How to Make Wise Charity Donations During This Period

Making charity donations during this tough period is one of the most important ways you can help vulnerable people get by despite the uncertainties and negative implications of the pandemic. However, it’s crucial to ensure that you make smart donations to avoid sabotaging your finances and even worse: getting scammed.

Here are some tips to guide you:

Draw Up A List of Organisations

Several charity organisations are catering to different needs and demographics. Do some research and draw up a list of charity organisations you aim to donate to or partner with.

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Narrow Them Down

You might not be able to donate to every single charity organisation, and that’s understandable. Narrow them down to your top options. This could be based on the sectors they provide help to and your interests. For example, if you are passionate about helping the elderly, widowed or orphaned individuals, you can decide to make donations to organisations that cater to them.

Do A Background Check

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Do some research and ‘investigation’ on the organisation(s). How impactful are they? Are they registered? Have they made a verifiable and measurable impact in the past? (especially if they are an organisation that has existed before the current pandemic). You can also reach out to them and ask them questions to get relevant information about their practices, objectives and implementation. By doing this, you’ll avoid donating to fraudulent organisations.

Make Donations Based on Your Financial Capabilities

There are so many uncertainties in terms of the lockdown, economy and more. It’s in your best interest to avoid giving out more than you can afford. Understandably, you want to give out as much as you can, but it’s essential to ensure that you donate wisely.

Track The Status of The Project(s)

Look out for updates regularly after making your donations to ensure that the organisation is implementing their projects and making use of the money. Ideal organisations are transparent in their dealings by updating donors and partners on the progress of their projects.

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