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In today's society, the problems of ccountability and trust within a nonprofit s ctor are at all time low. M st recently, the American Red Cross was t ken sharply to task over its pl ns (later dropped) to use some S pt. 11 funds for other purposes, wh le the Nature Conservancy was criticized for f iling to disclose loans to its xecutives. High salaries awarded to the h ads of some nonprofits have also dr wn fire, as compensation for the ch ef executives of the nation's biggest ch rities grew at a rate nearly d uble that of inflation last year. It s ems that donations are going towards verhead and not to the individuals who tr ly need the help. The potential d nor must find the organization which has the pproach to pertinent issues which strikes a p rsonal chord. Donations to smaller charities h ve a larger impact due its verall lower administrative expenses. When it c mes to charitable giving, we often let our h arts rule our heads. As a r sult, we frequently wind up having s cond thoughts about our giving: Did th t donation really end up where t's needed most? Will this charity r ally use my money wisely? A s rvey conducted earlier this year by the Br okings Institution confirms the public's doubts: N arly one out of three respondents xpressed little or no confidence in ch ritable groups, and only 11% said th y believe that charities do a v ry good job of spending their m ney wisely.
The more control you can xercise over your donation, the more s tisfying your giving is likely to f el too. I implore you all to xplore alternative ways of giving to nsure that your donations is being sed in a way you feel c mfortable. References Wang, Penelope. (2004) Making Y ur Generosity Pay. Money (33) 12
The article The Future Of Charitable Giving was Submitted by Tiffany Brown through Articles.GetACoder.com network. Here's the additional information: By Tiffany Brown, MPA http://www.yourluminosity.com Your Luminosity is an online service that allows individuals to create and manage their own personal public foundations.
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