Charity Navigator

While precise annual losses vary, these schemes collectively cause donors millions each year.

To protect yourself, always research the charity through watchdog sites like Charity Navigator, and never pay with gift cards or wire transfers.

Now I know by wire transfers, because after two o'clock you can't revert, let's talk about that for a second.

What is the law about wire transfers, ACH? Is it after two o'clock you can't reverse it or before two o'clock you can reverse it within an hour?

What they put on screen about the charity organisations giving them a low score was from 2007.

And that was from Charity Navigator, which is a pretty good measure, actually.

of how good a charity is, how much they use their funds for the actual goals of the charity versus paying people who work for them and that kind of stuff.

Again, not able to look at what they said in 2007 when that supposedly came out, but they are certainly... pretty happy about the american cancer charity these days they get they scored it as 96 percent and gave it four stars out of five it might be out of four actually i'm not even sure if they have a five because 96 sounds like it should be you know

And be careful of where you're spending your money and putting your support.

You can look on things like Charity Navigator and look up an organization and see what they're doing, where their spend is going.

How much goes to things like fundraising? And that's important, but really, we pride ourselves on making sure that it is 80% or more that goes actually into research.

And we're not a granting organization.

I like it.

And then you can go on a site like Charity Navigator too because you're like, I don't know if I can trust these people.

Yeah, that's fair.

Yes, yeah.

Yes.

Yep.

And so a site like Charity Navigator is great to just sort of vet a lot of these charities and find the highest rated ones, see how they operate.

But I think you have a lot of wisdom in the way you're approaching it.

Ninety one percent of our funds go directly to scholarship programming.

So we got perfect ratings on Charity Navigator.

We're in a small town in Oklahoma, bro.

We're we're doing it the right way.

Well, first and foremost, what are you passionate about or what is that individual passionate about? And then identify the organization that you want to support and do your due diligence.

You know, look at Charity Navigator, go to GuideStar to find out how fiscally responsible they are being with the funds that are distributed to them.

And then, you know, identify of those different organizations, what's the best in class? And then, you know, talk to each of the, interview the organizations.

You have every right to interview them.

But 85 percent goes to help our neighbors in need.

And that's a lot to tell people that according to Charity Navigator, which is kind of an overarching nonprofit organization.

they say 85% or more is a rate of excellence.

So we have that rate for the revenue that comes in.