This time of year we look for ways to give back. Some do that locally and some try a more global approach. When I look at charities to donate time or money to, I look for a few factors
- How much of my donation goes directly toward what I am supporting
- How much goes to overhead or the Operating expenses including salaries of the charity
- How much does the CEO, COO, CFO make for that chairty
- What is the gain provided by the charity.
Personally, I only want 10-20% of my donation to go to overhead. I don’t believe that most of my money should go to salaries and overhead. I look at what the C-Suite or executives make because I want to see how much my money is eaten up by their salary.
The Charities I choose to support have really good causes, provide education and have other ways to cover overhead.
Here is The Charities I choose to support and a little information about them:
- St Jude: From 2000 to 2005, 83.7% of every dollar received by St. Jude went to the current or future needsIn 2002 to 2004, 47% of program expenses went to patient care and 41% to research.
2012, 81 cents of every dollar donated goes directly to research and treatment.
Operating costs are covered through fundraising efforts and events like The FedEx St. Jude Classic, a PGA Tour event, and things like the St. Jude Math-A-Thon, Up ’til Dawn, direct mailings, radiothons and television marketing. St. Jude also has a merchandise catalog called the Hope Catalog. The catalog contains everything from shirts to office items, and from patient art to "Give Thanks" wristbands. *wikipedia
- Charity Water: Founded in 2006, It provides clean drinking water to areas that don’t have access by building wells. 100% of public donations go to fund projects and it costs about $500 to build a well for drinking water. GPS coordinates and pics are provided for each well Built. The Overhead and operating expenses are provided by private donors, Foundations and Sponsors. IF you could get 20 friends to donate $25 each you could help get clean drinking water to people in need
- The Heifer Project: Founded it 1944 it is a Global non-profit looking to eradicate poverty and hunger in the world. The encourage persons who have received a gift to then become donors themselves. The educate persons receiving a gift how to best care for their livestock to get the best yield. 23.4% of all donations go to overhead and operating expenses.
- Angels Unaware: This non-profit seeks to help and guide children affected by HIV/Aids. It runs 100% on volunteers and offers a camp for children called camp Ray-Ray. All donations go to help with camp Ray-Ray.