ER Eddie
Thinks s/he gets paid by the post
- Joined
- Mar 16, 2013
- Messages
- 1,788
I'm going to get a Trust set up, and I want to give 50% to charity, spread out among maybe 5 different charities. So I'm going through the process of trying to select charities and wondered if anyone had any input.
I know the first step is to figure out what causes I want to support, and of course that's a personal decision. I've got that maybe 80% figured out. Help the poor, support animal welfare, maybe support a political cause, etc.
So my question is, were there any particular tools or strategies you used, in selecting the charities that you plan to leave money to in your will/trust? I'm talking about a fairly sizeable chunk of cash, so I want to select carefully.
I've come across Charity Navigator, which seems to rate charities based on "transparency." And then there's Charity Watch, which seems to rate them based on how much money the charity spends to make a dollar. Those seem useful.
Any other thoughts? I'm just looking for any input/experience.
I know the first step is to figure out what causes I want to support, and of course that's a personal decision. I've got that maybe 80% figured out. Help the poor, support animal welfare, maybe support a political cause, etc.
So my question is, were there any particular tools or strategies you used, in selecting the charities that you plan to leave money to in your will/trust? I'm talking about a fairly sizeable chunk of cash, so I want to select carefully.
I've come across Charity Navigator, which seems to rate charities based on "transparency." And then there's Charity Watch, which seems to rate them based on how much money the charity spends to make a dollar. Those seem useful.
Any other thoughts? I'm just looking for any input/experience.
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