Friday, December 15, 2017

When Learning How To Donate A Car Milwaukee, Donors Should Avoid Third Parties

When learning how to donate a car Milwaukee, residents need to understand a number of things. One of the main things that they often don't know is exactly where the raised funds from the vehicle sales will go to. The danger of not knowing this is that they could fall into the trap of giving their donation to a third party intermediary. These intermediaries act on behalf of charities, which is not a problem per se, but it also means that they keep a large percentage of the money raised for their own profits.


When Learning How to Donate a Car Milwaukee Residents Need to Know This

The key word to look into is "efficiency". Efficiency tells you the percentage of money raised that will go directly to the service user. A good charity, like Rawhide, with website at www.Rawhide.org, has an efficiency rating of at least 80%, which means that at least 80 cents of every dollar will go to the service user. Only 20 cents, therefore, will be used to pay for management, administration, advertising, marketing and other similar expenses.

If you look into the efficiency of your charity and you find that the rating is lower than 50%, you are likely to be dealing with an intermediary. In the past, this was far more obvious, as charities would receive as little as 5%. Following a lot of outrage, this is no longer the case, but the reality remains that if you work with an intermediary, the charity will get much less of the money that is raised.

Being Realistic

Some people look for charities that have a 100% efficiency. They want to give their money solely to the needy and do not like the idea of managers with six figure incomes. Unfortunately, no charity is 100% efficient. Costs are always involved, and that is fair as well. But, if you want to know how to donate a car Milwaukee, only you can decide just how much of a percentage is and is not fair. A charity that spends a great deal of money on advertising is far less efficient, for instance, but they are also more likely to raise more money overall. Those are all issues that you have to take into consideration. Ultimately, only you can decide what you believe is far or not.

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