Choosing Charities:
Which ones are corrupt and which ones actually make a difference?
My wife and I made a New Year’s resolution this year. We want to give more money to charity. The problem is that most charities are terrible.
Which ones are corrupt and which ones actually make a difference?
My wife and I made a New Year’s resolution this year. We want to give more money to charity. The problem is that most charities are terrible.
For every dollar you donate to charity less than 5 cents probably end actually
helping the needy. The other 90% of the money probably ends up in the pockets
of the founders, workers and CEOs. In fact charity CEO’s make an average of $132,739
per year.
This jarring fact is just one reason why you need to do your research before donating. The vast majority of charities simply do not get the money where it is supposed to go.
This jarring fact is just one reason why you need to do your research before donating. The vast majority of charities simply do not get the money where it is supposed to go.
“Locks of Love” is one example of how corrupt charities can be. After receiving over 100,000 hair donations in 2011, the company was able to produce 317 wigs for cancer patients. The rest of the hair was sold. The company made 6.6 million dollars selling the donated hair. Thanks a lot, Locks of Love.
Many charities are out, not just to make money, but also to push agendas. Many Christian charities focus on building churches and “spreading the word”, rather than actually helping people. Some Islamic charities have been accused of funding terrorism.
Some organizations even refuse to help certain people. The Salvation Army is
happy to help straight families, but the Salvation Army Australia spokesperson
Andrew Craibe was quoted in 2013 saying that gay parents should be put to
death. Put To Death! Because they are gay. It should be noted that it is legal
for gays to adopt in Australia.
More about corrupt charities can be found here:
http://listverse.com/2013/10/07/10-horrible-facts-about-charities/
http://listverse.com/2013/10/07/10-horrible-facts-about-charities/
So with wide-spread
corruption, is there any charity that you can trust?
or
Why can’t we just get the money directly to the people who need it? This was the question that Paul Niehaus wanted to know when he was attending Harvard University in 2009.
or
Why can’t we just get the money directly to the people who need it? This was the question that Paul Niehaus wanted to know when he was attending Harvard University in 2009.
Paul and his friends wanted to know how they could get the money to the people who needed it and also if they could measure their success. They founded a company called “Give Directly”. The company does exactly what it says. It takes your money and gives it directly to people in need (namely poor villages in Uganda and Kenya).
The villagers end up with 100% of the money in a secure credit account attached to their cell-phones and they can spend it on whatever they need. People could invest the money on a metal roof; new livestock; or a motorcycle to start a taxi service.
“Give Directly” is also focused on studying the results. They look at charity through a scientific lens. Raw data. Evidence. Not only did they find that people spent the money wisely, but their lives were greatly improved for years after receiving the money- the investments paid off. You can look at the results (which are extremely positive) on their own website.
http://www.givedirectly.org/evidence.php
Another great website to
check out is Givewell.org. Give Well wants to pinpoint the non-corrupt
charities that care about results.
After sifting through 300 charities they found these three to be evidence-backed, thoroughly-vetted, and underfunded: Give Directly, Deworm the World Initiative, and Schistosomiasis Control Initiative (SCI).
Their website is http://www.givewell.org/














