Charities and non-profits play an important role in our communities. They lend support to several sectors, including hospitals, churches, youth sports, the arts, and disaster relief. Many Iowans give generously to these causes with both their time and money.
Unfortunately, not every organization that asks for donations is legitimate. Fraudulent charities and fundraisers mislead donors, take advantage of good intentions, and often keep the majority of the money for themselves.
Here’s how to protect your money when it comes to charitable giving.
- Don’t be fooled by names. Some groups use names that sound like well-known charities but have no real connection. If in doubt, check directly with the organization.
- Ask questions. Find out if the caller is a volunteer or a paid fundraiser, and ask how much of your donation actually goes to the cause. Legitimate organizations should give you clear answers.
- Request written information. Don’t give on the spot. Ask for details and verify through resources like the Better Business Bureau’s Wise Giving Alliance (give.org) or Charity Navigator (charitynavigator.org).
- Avoid high-pressure tactics. Be cautious if someone insists you donate immediately, offers to pick up money in person, or asks you to wire funds.
- Guard your financial information. Never provide your credit card or bank account numbers over the phone to an unknown solicitor.
At the end of the day, despite your good intentions, it’s important to do your homework before charitable giving. Supporting charities you know and trust is the best way to make sure your donations truly help those in need.
If you have any suspicions about a local fundraiser or charity, reach out to us at Guthrie County State Bank and we’ll help you verify its legitimacy. Stay generous and give safely!