Ask yourself: “what is your personal mission- the causes you care about?” and also how you want to make a difference, she says. No matter where you give money, it’s important to remember a few things about giving this holiday season, experts say.Ĭonsider where you want to give, says Boulter. Still, it’s important to note that not all charities can reasonably give 85% or more of the money they get to program expenses - that's money going right to the program/cause versus fundraising and administrative costs - and that allocating less to program expenses doesn’t mean the charity isn’t making a huge impact, says Sally Boulter, the senior engagement officer at ImpactAssets, a firm that focuses on investing that makes a difference. Percentage of funds that go directly to the cause, versus administrative or fundraising costs Giving 99% of the money you receive to the cause is exceptional - even in a world where most funds do go towards the cause: About seven in 10 charities give 75% or more to the cause and nine in 10 give 60% or more to the cause, Charity Navigator has found. Here’s a list of Charity Navigator’s top 20 high-impact organizations - all of which give 99% of the money they receive to the cause and have high overall ratings, in terms of financial health, accountability and transparency. As we’re giving more, many of us are no doubt wondering: How much of my money is going to the actual cause versus to things like administrative or fundraising costs? So Moneyish teamed up with Charity Navigator, a nonprofit that evaluates charitable organizations, to figure out which highly rated charities give the most money to the actual programs they’re supporting, versus administrative or fundraising efforts.
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