How to Decide Where to Donate Your Money?

Does charitable giving make you feel great? Well, it should!

If you want to support poor people or kids from economically backward families, donating to a foundation is a clear choice.  But for most people, determining to donate is the simple part – choosing where to donate is more complex.

There are over 2 million non-profit organizations in India, and it’s very tough to know what’s going on behind the social works at any given NGO or which one is truly working for their cause.

We have a few tips for you which will help you make the most informed choice possible about your charitable giving.

How to Decide Where to Donate?

If you are willing to donate significantly more money, there must be a good reason to support a particular cause. Strategic Philanthropy is the way for you to create change is to decide on a goal that matters and then figure out what it will take to achieve it.

To begin with, you have to know what is important to you and where to donate.

1. Pick A Cause You Care About

There are so many non-profits out there, working on various issues than most people realize. Before you decide to donate, take some time to think about the causes you’re most passionate about it. If you’re truly interested in a particular cause and understand the actual requirements and the supportive work done on it, you’re more likely to have an informed view, and you will be able to donate more wisely.

2. Verify The Ngo You Give To Is Legitimate

When it comes to donating to NGOs, the most significant thing is to avoid organization that’s not legitimate. Start by verifying that the NGO you’re thinking of donating to is a registered non-profit; in India, that means they need to have 12A and 80G certificates. But fraudulent NGOs sometimes manage to register as non-profits, so this is just the initial step. Google and social media searches will give you an idea of what people are saying about the NGO and news related to any scandals or complaints. You can also search for more information and ratings of the NGOs on GuideStar, Charity Navigator, and CharityWatch.

3. Observe The Level Of Transparency

NGOs have their websites, multiple social media platforms, and many ways to communicate with the public and their donors. So if you’re having an arduous time finding much detail about an NGO, you should be sceptical. Trustworthy NGOs should be proactive about what they do, who’s involved, how they function, and who funds their project.

4. Notice If Their Programs Have A Positive Impact On Society

A charity’s ability to bring about significant change in the world is the chief reason for its existence. So, before you contribute, talk with the NGO to learn about its goals, accomplishments, and challenges. Such discussions will give you insight into how well the NGO knows where it stands and where it plans to go. Charities unwilling or unable to have this level of discussion may not deserve your support.

5. Give Unconditionally

You have done your due diligence, so believe the NGO to determine how best to spend your donation. Giving with no strings attached provides the NGO with the flexibility it needs to react to changing demands for its services. Create a budget for how much you would like to give. Knowing the tax benefits of giving and spacing out gifts during the year may boost your overall giving capacity.

6. Track Your Donation

Don’t forget to follow up with the NGO in six months to a year to find how they’re using your money. You’re not looking for a list of detailed expenses but a progress report to give you a sense of how conscious they are to you and if they can communicate their progress. Once you are convinced that the charity is making an impact, commit to supporting their work for a long period. Only with long-term, committed supporters, the charity can be successful!

Summary

Folks who donate money to others tend to be more satisfied. No matter the amount you can afford to give, you’ll probably experience greater rejoice that even shows up in your brain activity. But it’s important to track your contribution and follow up with the NGO to be assured about the cause you are supporting.

Everyone has their preferential cause for which they want to contribute, but what about natural calamities & their sudden effects on the victims!

Do you know every year, millions of Indians, were affected by natural disasters? Due to climate change in different parts of the nation on an untimely basis, the humanitarian crises have become more complex than ever. To deal with disasters, Sakal Relief Fund was formed with the vision to play a proactive role in disaster management. So if you wish to make a difference in society, you can donate directly to Sakal Relief Fund to contribute directly to society.

For more information, you can call on 9881099908 or you can write to us at support@sakalrelieffund.com or you can donate online.