Here is a list of organizations that monitor and rate non-profit and charitable organizations. Not all charities are good stewards of your money, even if they meet the federal requirements. Please take a few moments to do some research and make sure that your money really is going to a good cause. Beware of organizations that have high fundraising costs, spend only a small portion of their funds on the actual cause or pay their executives large salaries. Even some organizations with good reputations pay their executives salaries that many would consider too much or even obscene.
For example, according to the Council of Better Business Bureau, Inc. (give.org), the base salary of the president of the American Red Cross, Marsha Johnson Evans, who began her position on August 5, 2002, has a base salary of $450,000 annually. The following is also noted by give.org, "During the fiscal year ended June 30, 2002, Dr. Bernadine Healy, the former American Red Cross CEO, had a total compensation of $1,921,913. This compensation amount includes $352,283 for the six-month period ended 12/31/01, her last day in the position, plus $1,569,630 for severance." We would rather donate our money to an organization that pays their employees a modest salary more in-line with their stated humanitarian or educational mission.
BB Wise Giving Alliance
http://give.org/
This site is run by the Council of Better Business Bureau, Inc. It provides basic reports on select charities. Editors Note: The BBB is a private corporation and is not a government agency. They charge a fee to charitable organizations to display their "National Charity Seal." Displaying the seal implies that the charity meets the BBB's "Charity Standards."[ Last Updated: 11-Aug-2003 | Hits: 270 | Reader Comments Report Problem
Guidestar - The National Database of Nonprofit Organizations
http://www.guidestar.org/
427 Scotland Street
Williamsburg,
VA
23185
(757) 229-4631
View Map via:
Google Maps :
Guidestar is a great guide for donors, nonprofits and grantmakers. It is run by the Philanthropic Research, Inc., a 501(c)(3) nonprofit organization. There are very detailed reports on many nonprofits. The reports often include scanned copies of the organization's IRS Form 990 (Their financial disclosure document). Access is currently free for the public, although access to detailed information requires user registration.[ Last Updated: 11-Aug-2003 | Hits: 325 | Reader Comments Report Problem