4 mistakes to avoid when donating to a charity

4 mistakes to avoid when donating to a charity

Very few things are nobler than donating money or other resources to charity. Donations are often made with the purest intentions, so donors usually do not intend to sneakily gain any advantage from giving money away. Unfortunately, there are plenty of mistakes one could make while donating to charity. Some such mistakes are easy to spot and sidestep, while others are harder to avoid. One needs to avoid these mistakes when donating to a charity:

Not researching
One must thoroughly research any charitable organization or NGO before donating money to them. This involves understanding the causes and issues that the organization supports, as well as their reputation. Potential donors can check critical documents such as impact reports and annual reports to see the financial and charity history of organizations they are looking to put money into.

Failing to research may prove to be costly in multiple ways. For instance, one may donate to organizations that do not align with their causes and beliefs. Alternatively, donors may give less money than needed if they do not read the minimum requirement guidelines that such organizations enlist.

Donating only once a year
A donation should never be an obligation for anyone. People who follow a “one-and-done” philosophy to charity may as well avoid it if they cannot support multiple causes and charitable organizations throughout the year. Donating to charity has several benefits, such as building communities and creating opportunities for genuine change that can only be achieved through the support of multiple donors. Donating only once a year may diminish these benefits.

Falling for scams during crises
During floods, hurricanes, or forest fires, many opportunistic scamsters go around masquerading as NGO representatives and collect “donations” from unsuspecting victims. One must check the ID and other credibility-establishing documents of such representatives before shelling out any amount of money.

Neglecting to record donations for tax purposes
As implied earlier, donating comes with a host of benefits for donors. One such benefit is tax rebates and exemptions on income earned throughout the year. However, to avail of these benefits, one must record the donations made and keep the receipts and other transaction proofs with them. When they file for tax returns, they must provide these documents as evidence of donations made throughout the year.

Not recording donations or keeping receipts can nullify any tax benefits one stands to get when one contributes to charity. In addition to the above, another common mistake is succumbing to emotional pitches.

Popular Articles

01

Best iPhone XS models

Looking to invest in an Apple iPhone? Then, iPhone XS is definitely a great option to consider. With great specs, amazing camera capabilities, and awesome visuals, this phone is truly enviable. In this article, we would be comparing the best iPhone XS models: the latest iPhone XS and the iPhone XS Max. iPhone XS vs iPhone XS Max Here are some of the criteria in which both phones match and differ: Network The network supports different technologies like GSM, CDMA, EVDO, LTE, and HSPA. The supported networks are 2G bands, 3G networks, and 4G networks. Basically, all of this support makes it quite efficient and a great phone to invest in. Body The dimensions of both the phones differ. For iPhone XS, the dimensions are (5.65 x 2.79 x 0.30 in) 70.9 x 143.6 x 7.7 mm, while for iPhone XS Max, the dimensions are (6.20 x 3.05 x 0.30 in) 77.4 x 157.5 x 7.7 mm. Both come with a gorilla glass front screen and back glass as well as a stainless steel frame. Camera The cameras for both phones is the same in the quality they offer. The front camera is 7 MP while the back camera is 12 MP.
Read More
02

Best budget and mid-range phones by Samsung

Samsung has an amazing range of phones for all kinds of users, right from people who do not have a high budget to people who want the best in quality and features. We always trust this particular brand to give us reliable products. In this article, we will cover the best budget and mid-range phones by Samsung. You can check out the following options: Galaxy A01 Available for USD 99.99 with Verizon, Galaxy A01 is definitely one of the best budget phones by Samsung. It has a long-lasting battery of 3000mAh. Additionally, it comes with an Infinity V display and a 13 MP camera. Its front camera is 5 MP. It also comes with expandable memory and Dolby Atmos for better sound quality and fantastic entertainment experience. This model also offers a great movie-watching experience. Galaxy A10e Available for USD 129.99 on T-mobile with proper trade-in and Samsung financing, this phone is quite affordable. It comes with a long-lasting battery and a display size of 5.8 inches, which makes for a fantastic visual experience. It comes with an 8 MP back camera, 5 MP front camera, and also expandable memory. The battery of this phone is 3000mAh, which is the case for most budget phones by Samsung.
Read More
03

Top 5 cruises in Europe

Europe has been touted as one of the topmost fabulous destinations for tourism. With a large variety of landscapes and different types of attractions available, the scenic locations here are full of culture and heritage. So, it is a complete delight to embark upon cruises, ranging from the river wonders such as the Seine to vast ocean cruises. To that effect, we have curated a list of top cruises available in Europe for you: AmaWaterways AmaWaterways River Cruise line offers many itineraries that take you through some of the most beautiful cities in Europe, including Paris and Santorini. Enjoy the intimate river ships offered here with exquisite dining options and a lot more. If you wish to enjoy culture to its fullest, AmaWaterways is definitely an option you would want to consider. Avalon Waterways River Cruise Avalon Waterways is one of the best ways to explore the majestic Danube, Rhine, and even the Seine. The Danube cruise runs through beautiful countries, such as Slovakia, Croatia, Germany, Austria, Bulgaria, and Serbia. On the other hand, the Rhine river cruises would take you through France, Switzerland, Germany, Holland, and Belgium. Apart from this, you can also embark upon Moselle River cruises, Saone River cruises, and Rhone river cruises.
Read More