Posted on: 26 April, 2007
Author: Maggie F. Keenan, Ed.D.
A few times this Fall Ive 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 dont 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 doesnt 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. Source: Free Articles from ArticlesFactory.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