According to the Chronicle of Philanthropy, charitable donations to the largest charities were down 11 percent last year. Despite the tough economy and the overall decline in giving, donors are still looking for ways to help the less fortunate. According to the Salvation Army, red kettle donations in November and December 2009 increased by $9 million over the previous year.
"In the midst of the holiday cheer, you find many people eager to help those in need," said Angie Barnett, president and CEO, BBB | Greater Maryland. "However you decide to give, it's important to research the charity thoroughly to make sure that your dollar stretches the farthest it can in this economy."
Following are five common ways that people donate to charities over the holidays and a few things to consider:
Give items - Many organizations solicit for donations over the holidays including coats, toys and canned goods. Whatever you're donating, make sure the items are of good condition and that the recipient charity is accepting such items to help further its cause.
Give when you shop - Many charities have had great success partnering with businesses who agree to donate a portion of the purchase price from sales of items to a worthy cause. This type of cause-related marketing means that you can help while you shop.
Check if the promotion identifies the actual or anticipated amount of the purchase price the charity will receive. Some businesses, like grocery stores, ask if you want to donate to a charity and have that amount added to your receipt which is called embedded giving. See if the embedded promotion states which specific charity will receive the collected funds.
Give through text messaging - The option to give via text message took off in the wake of the disastrous earthquake in Haiti. After texting a message to a number, the donation is tacked on to your cell phone bill. While donating via text is fast and easy for the donor, the actual money can take months to reach the charity. Consider donating directly to a charity through its website if there is an urgent need.
Give your time - In today's tight economy, you may not have money, but you can always give some of your time to help support a worthy cause. In addition to volunteer service, you can also be a vocal supporter of a charity and help raise awareness among friends and family and on social networking Web sites.
BBB Wise Giving Alliance reports on more than 1,200 national charitable organizations at www.bbb.org/charity and determines if they meet 20 accountability standards addressing governance, finances and fund raising practices.
To review charity evaluations and get more advice on how to give when times are tight, visit www.bbb.org/charity.