Today is Giving Tuesday, the charitable follow up to Black Friday and Cyber Monday. The event, launched in 2012, asks people to give money, time or support to any number of causes, communities and non-profit organizations. Each year, millions take part through donations and volunteerism. If you plan to donate, here are some tips to do so without falling for a scam:
- Know the charity's exact name: Many charities have similar names. Double-check to make sure you're not donating to the wrong group.
- Resist pressure to give immediately: High-pressure requests can be a red flag.
- Watch out for emotional appeals without substance: Make sure a moving story doesn't distract you from understanding what the charity does and how your money will help.
- Check for transparency: A trustworthy charity will publish its mission, programs and finances on its website.
- Verify tax-exempt status and registration: In the U.S., charities typically must register with state agencies before soliciting funds. This IRS tool allows you to check a charity's tax-exempt status.
- Be cautious with social media links and messages: Clicking a donation link within a message or ad could lead to scams. When in doubt, go directly to the charity's website.
- Use trusted platforms and payment methods: Credit cards or established online donation sites typically offer more protection than cash, gift cards or cryptocurrency.
Source: WTSP TV
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