Given the recent happenings in Boston, it's unfortunate that, after the initial shock and dismay over the people injured or killed, I think about the scum-bags that are plotting to fleece the generosity of people with scam charities. Unfortunately, this is the world we live in.
That said, there are several causes that I'd like to give to, but I'm so pessimistic about charities that will either mishandle 90% of the funds or are total scams, that I do not. I've looked around a little to see if there are any resources to grade charities.based on total revenue given to it's objective. I understand there's a certain amount of overhead, but it drives me mad when I see a charity CEO making 6 figures.
I saw an ESPN "Outside the Lines" about Lamar Odom (and others) charity and it made me so angry - LINK
Anyway, if you do make charitable donations, how do you research them correctly? I was looking at the Wounded Warrior project...any specific thoughts there?
Thanks for the time.