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Team 10: Tips for giving to charity

Posted: 6:52 PM, Jan 28, 2016
Updated: 2016-01-29 02:52:53Z

The investigation into the Wounded Warrior Project shows it's important to ask questions about the charity you're giving your money to.

Experts say if you're willing to donate, you should be willing to spend a few minutes to background the charity.

"I would really look at where the dollars are being spent," said Better Business Bureau President and CEO Sheryl Reichert. "You should be entitled to that information and be able to ask for it from the charity."

The Better Business Bureau runs the website Give.org. The site helps donors make informed giving decisions and promotes high standards of conduct among organizations that solicit contributions from the public.

There are also a handful of other websites that rate charities on accountability and transparency. They allow you to see where the charity got its money and how that money was spent.

"I think the charity should be very transparent about what their mission is and how they are spending their dollars to achieve that mission," said Reichert.

According to Charity Navigator, savvy donors make sure to confirm a charity's nonprofit status, obtain copies of financial records and review executive compensation.

On the Better Business Bureaus website, you can find charity evaluations to help you donate with peace of mind.

Helpful Sites:

Better Business Bureau
Charity Navigator
Charity Watch
GuideStar