There are some excellent suggestions on what to look for when making charitable donations. There is an excellent list of tips when considering charities. They rate charities on an A-F scale. Their suggestions are:
1. Know Your Charity -- Read the annual report and the literature. I would add that it never hurts to peruse a charity's 990.
2. Find Out Where Your Dollars Go -- Be sure to know what percentage of your gift is used for the organizations programs versus what is used for administrative costs and fundraising expenses.
3. Do Not Respond to Pressure -- Legitimate charities will give you time to consider a gift as well as send you additional information. Don't fall prey to the high pressure of telemarketers.
4. Keep Records of Your Donations -- Don't give cash; don't provide a credit card number over the phone to a charity you are unfamiliar with. Direct from this site is advice on what to keep for tax records:
6. Do Not be Misled by a Charity's Familiar Name -- Some questionable organizations will use a name that closely resembles a more well-known charity.
7. Do Not be Enticed by Emotional Appeals -- Know the facts by reviewing the literature about the organization.
8. Ask if the Charity is Registered by Federal/State/Local Authorities --Non-church charities with more than $25,000 in income must file financial information with the IRS.
9. Beware of Charities Offering Gifts -- Don't feel compelled to give because you receive address labels, calendars, greeting cards or other gifts. Note that these gifts may increase the organization's fundraising expenses.
10. Consider Giving Generously -- If you are satisfied with the charity and determine it to be worthwhile, give generously.
There are several other good suggestions listed. I found this to be a solid resource, especially for anyone who continually gets approached by charities that you may have never heard of before. Mr. Borochoff mentioned in the broadcast that there are a number of organizations claiming to benefit veterans. Review this information carefully, as many of these are not ranked favorable and practice questionable fundraising procedures.