A few times this Fall I’ve been a guest speaker on teleseminars to talk about charitable giving for companies.  Surprisingly few if any of the participant companies actually engaged in due diligence before making cash/check donations to organizations. I hear over and over, “We don’t ask them for information. We just think they are doing a good job”. YIKES! Would you purchase from a vendor without looking into their company, product, testimonials, pricing, etc.?

Without a doubt, due diligence is an absolute must.  It is important for your giving records, audit, and ensures you are giving wisely. Due diligence doesn’t have to be a long process requiring a lot of time and effort.

To make certain that your contributions are going to sound, healthy organizations and that your gift qualifies as a tax deduction, here are the 3 essential pieces of information you should gather from the nonprofit. 

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ABOUT THE AUTHOR

Maggie F. Keenan, Ed.D., Works with companies and small businesses to create charitable giving programs that impact their bottom-line and the causes they give to.  www.givingadvice.com

Maggie F. Keenan, Ed.D., Works with companies and small businesses to create charitable giving programs that impact their bottom-line and the causes they give to.  www.givingadvice.com