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The team from Charity Navigator, the nation's largest independent charity evaluator and leading donor advocate, shares their thoughts on emerging nonprofit-sector issues and offers tips to better inform your intelligent giving decisions.

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Wednesday, January 6, 2010

2010 Philanthropic Goals

Follow these steps to create your 2010 giving plan.
  1. Determine what causes are most important to you and your family.
  2. Develop a list of charities engaged in that type of work.
  3. Using Charity Navigator’s free website, narrow that list to just a few that are financially healthy, have a donor privacy policy and pay their CEO a reasonable salary.
  4. Then take that list and check each charity for evidence of questionable ethical practices. Visit their websites to see if they are committed to transparency by checking for their financial data, Board list and so on. Be sure to also check Charity Navigator’s News Feed tab for reports of problems.
  5. Next, check each of the few charities left on your list to see if they can offer you evidence of their impact. You can do this by visiting their website and/or by talking with the staff. You want to learn about the quality and depth of the charity's results as well as their capacity to continue to get these results in the future.
  6. Finally, map out a plan and budget for the year and let each of the few organizations you've chosen know your intentions. Knowing your plan helps a charity keep its fundraising expenses at a minimum while focusing on the programs you intended to support in the first place.

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1 comment:

Anonymous said...

Great article. Another suggestion would be to see who you can partner with to make your support more impactful. We make donations to non-profit organizations based on the direction of our clients. (www.AwarenessWorks4U.com)