The Community Foundation of The Eastern Shore shares important tips for charitable giving
The CFES team, from left: Cathy Diekmann, Veronique Diriker, David Plotts, Heather Geraldes, Jessica Atwood, Victoria Kent, Katerra Marshall, Erica Joseph, Shelbie Thompson, Lauren Anstead and Sharon Dickson.
The holiday season is often filled with feelings of warmth and generosity. With the giving spirit all around, being savvy about how and where you donate can maximize your impact and ensure you feel good about where your money is going.
“As one of the region’s leading philanthropic experts, The Community Foundation assists donors and nonprofits every day in charitable giving and nonprofit capacity building,” said Community Foundation President Erica Joseph. “While the need for financial and volunteer support is tremendous, being wise in your giving will give you peace of mind.”
THE GIVING SPIRIT
The Community Foundation of the Eastern Shore specializes in helping donors and nonprofits maximize the positive impact of their generosity. Since 1984, CFES has granted $100 million to the Lower Shore community.
Verify Who You are Supporting
Always verify a nonprofit’s charitable status. Donate to trusted charities and beware of scammers who create fake charities. Remember that tax-exempt and tax-deductible are not the same. Check a nonprofit’s status on your state’s charity database, CharityNavigator.com, Guidestar. com or at IRS.gov/charities-and-nonprofits.
Get to Know Local Nonprofits
Nearly every cause is represented by the robust nonprofit sector here on the Lower Eastern Shore. When you know a nonprofit well and work with them regularly, you will have greater confidence in where you are donating your money or time. Reputable nonprofits are eager to talk about their goals, services, and fundraising needs. You should feel comfortable asking questions that increase your understanding of the impact your gift will make.
Understand Local vs. National (or International)
Organizations If giving local is important to you, it is wise to understand if you are giving to a national organization or a local chapter. Check with the local branch of an organization about the best way to donate — you may be able to specify that your gift be used for a particular branch or a local need.
Giving More Than Money
Donations of time and expertise are a thoughtful way to give back. For example, volunteering, donating clothing or food, or sharing your professional expertise may be very appreciated. Check before donating items to ensure items meet any requirements and do not become a to burden manage. By connecting in this way, you may find great joy in meeting like-minded people who are passionate about similar causes as you.
Set Up Recurring Donations
Recurring donations are a great way for you to give affordably year-round. By setting up an automated donation, your support will be ongoing, and you won’t have to remind yourself to send a gift each time.
Don’t Feel Pressured
Reputable charities realize not everyone can give to every cause and understand a
“no, thank you.” The holidays bring a higher frequency of donation requests at public
locations. If an organization or individual is pressuring you beyond a simple ask, this may
be a red flag. Avoid on-the-spot decisions or pressure to give to an unfamiliar organization. Responsible organizations will welcome your gift tomorrow as much as they do today.
Involve the Whole Family
Creating traditions and passing on the giving spirit is a key part to creating your legacy. Involving children and grandchildren in charitable activities teaches philanthropy and family values and ensures the benefit of your charitable goals extends for generations to come. CS