Advice to donate money the safest & smartest way.

Donating money is one of the best things you can do to help those in need, whether it’s for a specific cause or just general charity. However, it’s important to do so in the safest way possible, both to protect your money and make sure it goes to the right place. In this article, we’ll take a look at some of the best ways to donate money safely and smartly.

Donating with a Credit Card

One of the simplest and most common ways to donate money is by using a credit card. This is a quick and easy way to get your donation to the charity of your choice, and many credit cards offer bonus points or cash back for donations. However, it’s important to remember that credit cards come with high interest rates, so you may want to pay off your donation as soon as possible.

1. What is best and safest way to donate?

Through cash donations vs. ATMs/Wiring Money | Charity: 1. You may be used to stuffing the donation in your pocket, but holding make-shift fundraising fairs can backfire. The weeklong behemoth Happy Hour event in Washington made headline news when people at a single bar raised more than $133,200 for stray animals. The problem? The sum total of one bar’s donations — $100,000 — was less than the amount in the pockets of people in the audience.

A different kind of hassle comes from stuffing cotton balls, dog biscuits or infant toys in your clothing when you donate to an orphanage. The word spreads like wildfire to other charities that some rich people could have found shelter and care.

Kettle in the UK raised £707,000 in a year when 400 employees crammed every donation into their company backpacks so they could donate out of their take-home pay. You are also unlikely to make headlines if you hand out $20 bills at your local homeless shelter. However, some people report that charities have told them that the total amount of cash donations only averages around $15 in value, so be warned.

Header: 2.

2. How to properly settle-up phone credit/debit cards after donating to a cause


We’re always looking to show our appreciation for you, whether that’s via a donation or the services we provide.

However, making a donation isn’t about personal financial gain for you nor them.

Both you and the charity usually come out closer to the same at the end of the transaction. This isn’t a unique situation.

But most of the time, you can’t deduct the credit card fees from the amount you donate, or it will necessarily lower the amount you’re paying, or the total amount of the donation will exceed all of the fees.

There are ways to make a direct donation to the charity of your choice without taking a credit card.

For example, you can pay via PayPal or Dwolla. Do some research and if you find that your payment option is too expensive, look for an alternative.

You can also make an online transfer to your charity of choice’s account, as long as the bank accepts them to make the transfer.

Additionally, you can redeem your reward points to donate money that way.

3. How to avoid tax deductions and quid-pro-quo

People tend to donate because they want to help others but avoid giving because they are afraid of being taxed for it.

The IRS and FICA are keeping a close eye on people who give through deductions from their income. If you give too much to charity, you can receive deductions for it. But when you donate to charity, if they require you to fill out a tax form or perform an errand for them, you can receive what is known as a Reciplating Matching Contribution (PRN).

PRN requirements are becoming much more popular than they were years ago. That means that people can be required to either (a) stay at the New York Children’s Hospital for a sobriety check-up to prove you didn’t drink while you were there or (b) attend a free fitness class for women at camp while you beg for donations to keep the camp running.

You potentially can receive tax credits for these requirements, and PRN allowances are also rising in popularity with aggressive fund-raisers.

Donate directly to charities

Giving to a charity directly is the best option when you can. Not only is philanthropy directly applicable but it allows you the freedom to donate only to a defined organization.

Before giving, consider the amount you will give and double-check if you can give it maximum value.

Giving through programs is the next best choice, for example, you can apply your donation directly to a specific cause, rather than the entire charity.

4. What’s the minimum amount for credit card donations, which in turn defeats the purpose?


Donating with cash is the “old-fashioned way” that’s been around a long time. The donations are individually written checks or paid through a prewritten check made out to a specific charity.

The most important note to take with cash donations is that the common denomination of a Federal Reserve Note (or “dollar bill”) is too large.

Many charities automatically reject large cash donations because it’s impossible to feed or sustain a road route in the United States, let alone take care of ALL their needs.

Decentralized Funds allows small and regular transactions, and is a more cost-effective way for charities to accept donations.

Alternately, maintain multiple accounts for different charities. In this way, you can make large donations with cash, and use smaller donations to contribute to the charity of your choice.

5. How to avoid fraudulent donations

Fake charities are a big threat when donating money online.

They look credible, run by legitimate organizations, yet there’s little risk to donating to them.

The money you give goes towards a cause, regardless of the fact that it’s fake. They typically have deep knowledge of donating successfully, and there’s very little chance of getting your funds back.

Typically, fake charities are perfect for hiding scam situations.

For example, when you donate to a fake charity, they charge a processing fee, or the fake charity claims that they’re non-profit, even though they’re not.

They’ll typically have an objective like “Keep children chemotherapy-free” or “Gift Shoppe EMPOWER Opportunity Scholarship” and or something like that.

You might want to consider donating to a charity instead of a fake charity, and e-wallet companies such as PayPal or Square are usually aware of scams before they come on board.

So, if you’re using e-wallets, we recommend using them only with trusted websites.

6. What’s the smartest way to donate money that fits the bill?

This is a straightforward way to donate money if you want to make sure it goes toward the cause you want. Be sure to manage your donation carefully, and always ask yourself if you really want to be damaging the environment and to show your support for various organizations, groups, and causes.

Header: Online etiquette brings the best of the worlds together. The best way to donate money is an ethical and trustworthy one.

Keywords to include in the paragraph: What’s the online etiquette? end-up money, It’s smart!

Paragraph: This is something we all base on our own principles. When making money transactions, both offline and online, ethical and trustworthy behavior is impotant to avoid disclaimers, which can cause unknown consequences.-Be sure to always ask yourself if you are helping to shape the environment, help to raise awareness of people in need or not fund the unwanted definition of international litter.

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published:15 Dec 2016


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7. Conclusion: Which is the safest/smartest/easiest way to donate money?

Your credit card and debit card directly fund a charity’s funding (local or worldwide), and it’s strongly advised that you set up automatic donations for your reliable credit card or debit card. If you card’s manufacturer allows for this, they generally offer different donation methods. For a more in-depth look into the pros and cons of each of them, check out my post.

Both offer some financial benefits and drawbacks that you may want to think about before setting up your automatic donations.

For example, a credit card would save you anywhere else. You don’t have to worry about petty things like interest rates, so you can rest easy knowing your money is in good hands.

On the other hand, credit cards come with high interest rates, so you’ll have to cut down on purchases should you opt to use this type of funding method.

Given that you’ll be paying an already high rate anyway, you’re guaranteed to be making a loss by paying off credit card bills. On top of that, the credit card companies also take a hit on the value of each transaction you use, so caution may be warranted.

The same goes for a debit card, acting as the opposite of a credit card. For debit cards, the financial benefitsrange from rewards to lower transaction fees, so definitely weigh these options before choosing your funding method.

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