A lot of NFL Agents believe and donate to charity. One is Leigh Steinberg who believes that supporting a charity is not just a personal choice, but clearly a responsibility. It is indeed, though we must check on charity’s credibility first. There are ways on how to know if the charity is worthy of your donation.
There are websites, like Give.org, that list different charities and show you in simple terms how the charity spends its money. From the list, you will see how much of donations go to advertising, administrative costs, salaries for paid employees, and finally, what percentage of donations go toward the cause that the charity is purported to help. Charitable organizations have to pay administrative costs and other expenses too, really nothing is wrong with that. Many charities are using some part of the donations to buy supplies and to pay rent. More often than not, a lot of charities exist solely on the money that comes in from donations.
Here’s now a fact that you need to be aware of that NFL agents that give to charity can attest to. You will know if people donating to charity are being slightly cheated if forty percent of all donations wind up going toward administrative and other costs then. That’s just too much money for such expense. Charities must know to have a good grasp on spending their money. After all, when you give a dollar to a charity that helps homeless people, you probably wouldn’t imagine that forty cents of it would go to something other than the direct assistance of the homeless. An NFL agent, once cited quoted, ”It is reasonable to expect that charities will have to spend some money on advertising and other things of that nature, however you shouldn’t expect to see too many charities that use one hundred percent of donations directly to fund the cause, although these types of charities do exist.”
Here are some of the tips from NFL agents, like Leigh Steinberg, on how to check charities’ credibility:
Know how the charities spend their money. Charities are required to show to public how they are spending money, so this won’t be very difficult, but of course you need to verify that data too. You need to figure out what expense ratio is a reasonable to you and then only give to charities that fall within these boundaries. If in case, you run across an organization that asks for your money but is not willing to tell you how they plan on spending it then you probably want to pass on donating to that particular group. You Absolutely have the right to say no to such charities.
Campaigns such as the CFC (Combined Federal Campaign) give booklets out to employees in a company that does a charity drive. This feature all the charities asking for money from the campaign, and each charity is required to list not only what they do, but also their cost ratios. If the administrative cost is higher than 40%, then it will not be accepted, unless the charity will pledge that will narrow the costs down.
Some campaigns will actually require charitable organizations in this situation to list a plan for brining their costs down so that potential donors can see what is being done to shrink administrative costs. Campaigns like the CFC and other large charitable campaigns draw a lot of money, so charitable organizations will do all they can to be included in the campaigns…even if that means figuring out a way to lower their operating costs.
You probably have noticed a can that says “please donate” and then the name of a charitable organization either at your favorite coffee shop or places where people get change. This is a great way to ask money from people, since the donations can be taken easily. besides, who may not otherwise donate on a regular basis, and even though the containers usually only fill up with spare change, they still bring in much-needed money. NFL agent Leigh Steinberg and his agency, have been supporting various charitable organizations, their advice is to be very keen in choosing a charity to support. Even the “please donate – can idea” must be verified it the organization is a bona fide charity.
The charity name must be well recognized, or at least familiar. You also probably have seen an amateurish drawing of a child with”Help the Kids”. Don’t ever drop your change to them or something equally ambiguous scrawled across the container. If the charity name is not one that you recognize or has no charity name at all, it is definitely not legitimate. Give your donations to those organization that are worthy of it.
It is, indeed,important for you to know that the money you are donating is going to the organization. Although you don’t want to be a perpetual cynic, but you must have to make sure that your donations will go to where you want it to go to, and not to a crafty person who lifted the container undetected. Joining a charitable program of celebrities is one great choice for you to support. Be a person who brings joy to people who are in need of your help, be like the NFL agent Leigh Steinberg.
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