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Researching charities before donating around holidays

Researching charities before donating around holidays

By Krista Hostetler. CREATED Dec 12, 2013

Las Vegas, NV (KTNV) -- During the holiday season, many Americans open up their wallets to support a favorite charity.

But not every penny you give goes to the cause.

Many organizations can use up to 50-percent or more of your financial gift to pay for administration or other costs.

It's important to do a little research, especially if it's a charity you're not familiar with.

This time of year, many scammers pose as charities in order to steal your money.

MORE RESOURCES:

ECFA: Give Generously, Give Wisely

Charity Navigator: Your Guide to Intelligent Giving

BBB Wise Giving Alliance

Krista Hostetler

Krista Hostetler

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Krista Hostetler is currently the Senior Web Editor for ktnv.com and KTNV Mobile.