Smart Giving Starts with Research—Make Every Dollar Count

Thinking about making a charitable donation? Whether it’s a global cause, a local charity, or just a heartfelt desire to give back, it pays to look before you leap. As SELF Magazine’s latest feature explains, not every charity is created equal—and it takes more than good intentions to make sure your hard-earned dollars do the most good. As someone passionate about financial planning and wise giving, I was pleased to contribute my perspective as a certified financial planner in the article.

First and foremost, your charitable giving strategy should fit your unique goals and values. As I shared with SELF, I always encourage clients to consider both national charities (with wider reach) and local nonprofits (with more direct impact). There’s no right or wrong answer here—what matters is aligning your giving with what you care most about. Ask yourself: do you want to address big-picture issues, or see immediate results closer to home? That clarity is the cornerstone of wealth management and philanthropic planning.

But picking a cause isn’t enough. Due diligence is vital. Research prospective charities for strong leadership, transparency, and responsible stewardship of donations. Make sure each organization is IRS-registered, and use third-party sites like Charity Navigator, Guidestar, or GiveWell to review their financial health and effectiveness. As I noted in the piece, don’t be shy about digging into how much of your gift will support actual programs versus administrative costs. If nonprofit reporting looks overwhelming, a fiduciary financial advisor can help you interpret the numbers and make an informed decision.

Remember, the “best” charity for you is the one that achieves what matters most—to you. Whether you want your dollars to fund education, supply meals, deliver legal aid, or fill backpacks for kids, a little homework goes a long way in guiding your generosity to the right place. And if you’re building a giving plan as part of your overall wealth strategy, leaning on a certified financial planner can tie your charitable work into your bigger financial goals—maximizing both your impact and your peace of mind.

Looking for more financial planning advice on integrating charitable giving into your investment or estate plan? Reach out to a fiduciary financial advisor who knows how to make giving back work for your finances—and your heart.

🟢https://www.self.com/story/how-to-make-sure-your-charitable-giving-is-going-to-the-right-place