Giving Tuesday is the national day of giving, this year on Tuesday December 2, 2014, when we are encouraged to give back to our communities and to support charities.
While it is exciting to think of the amount of donations charities may expect to receive on this day, and indeed til the end of December, it is also important for you to make sure you are giving wisely.
Here are three important questions to ask yourself:
- Is the charity registered and in good standing with the Canada Revenue Agency (CRA)? Click on this link and type in the name of the charity you are considering supporting. http://www.cra-arc.gc.ca/chrts-gvng/lstngs/menu-eng.html . If they are not listed, do not waste your money.
- Is the charity’s mandate in keeping with your giving goals? Even if they are a registered charity, you should focus your giving on those areas that mean the most to you.
- Is the charity doing good works and well run? Despite being registered, you want to make sure the organization actually fulfills its mandate. If you are able, visit the charity in person to see their operation, check out their website, review their annual reports and financial statements and talk to others to learn as much as you can about where you are investing your charitable donations.
Answer these basic questions to direct your funds to the best charities for your giving.
Need some help choosing your charities? Contact us: email@example.com