Being Smart About Charitable Contributions
Being in the position to give money to help others is amazing. To be able to give to those in need can have a lasting impact on a person, family, or organization. But how do you give in a way that aligns with your values and where it will have the greatest impact?
In this episode, I talk with Michael Thatcher about how to make smart, informed financial decisions regarding charitable giving.
Michael leads Charity Navigator in its efforts to make impactful philanthropy easier for all by increasing the breadth and depth of evaluation methodologies to facilitate ratings coverage of substantially larger numbers of charities and expand how the information engages new and existing audiences. Before joining Charity Navigator Michael spent more than fifteen years with Microsoft. Michael’s eclectic background includes years at sea conducting oceanographic research with Woods Hole Oceanographic Institution, composing music and dancing internationally as the co-founder and co-director of Dance Music Light.
Michael shares tips on how to find a person, place, or organization to give value or money to, things to look for, and how to evaluate your giving impact over time.
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Smart About Charitable Contributions Episode Details
- Michael’s fascinating past work
- Was Michael part of the search for the Titanic
- A breakdown of what charitable contributions are
- Charity vs. nonprofit
- Why consider a charitable gift
- Types of contributions people can make
- The misconceptions about giving
- Where to start
- Giving in alignment with your values
- How to develop a giving strategy
- Researching organizations to make charitable gifts to
- Things to ask a charity before you give
- The best time to give
- Mistakes you can easily avoid
Related: How to Make Your Military Taxes Ready
Being Smart About Charitable Contributions Resources
More Podcast: How to Set Goals for New Year
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