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23

Which charitable cause is the most worthwhile one? That's a very broad and difficult question, both ethically and practically. I do not fathom to estimate whether a dollar spent on vaccinations in country A is worth more or less than a dollar spent on education in country B, clean drinking water in country C, helping the homeless in country D, protecting a ...


16

You're clearly aware of the subjective nature of your question, so I won't hit too hard on that point, but I think it would be worthwhile to spend a bit of time focusing on the type of impact you'd like to have. You clearly want to make an impact, so it would be helpful to think about issues that matter to you. Comparing causes is like comparing apples to ...


7

Assuming that this was a direct sign up to donate to Save the Children via text, and not via some third party broker or agent, then Save the Children get 100% of your donation. They have the details on their website: What happens when I sign up? You'll be charged £3 or £5 plus the cost of one standard rate text message in the first month and we'll ...


6

You ask: How do I find the charity that will save the most human lives per dollar donated? You do it by first being clear about your goals and the means you want to use to achieve those goals, and then connecting with people whose business it is to interact with such charities. In more detail: Define carefully what "save" means: prolong healthy life, ...


3

tl;dr: Your idea is mathematically a good one, but maybe you still shouldn't do it. I believe you're on to something with postponing your charitable donations, but for a different reason than you're thinking. It sounds like the change in the standard deduction from 2017 to 2018 affected your ability to deduct donations (as it did many people), since it ...


3

You should try to find an organisation you can trust. Find information how expensive they are (which percentage of a donation is really given to the target), how they assure that donations get to the right target and don't get "lost" on the way, how they select their targets, etc. Of course you can refer to benchmarks/comparisons like https://www.test.de/...


3

Maybe what you need is not only to get numbers about how many people your money helps but being somehow involved in making a HUGE difference in someone's life. I'll share my personal experience with you. I live in Argentina. I´ve been a donor many years to Greenpeace and other multinational organizations. I made my monthly fee and live my life without any ...


3

In Canada and the U.S., you can dial 2-1-1 on your phone to talk to someone about assistance programs. These phones are usually staffed by the United Way. Besides the call-in service, they also maintain websites with information about assistance programs: Canada: 211.ca U.S.: 211.org These websites will direct you to more localized websites for help in ...


2

Phillipp provided a detailed answer. I agree with his take on this. I believe that it is not possible to determine what charity that will save the most human lives per dollar donated because the charitable effectiveness vis a vis mortality or quality of life is totally subjective. But you can evaluate the efficiency of the charity. I use Guidestar and ...


2

To add a bit to what Charles Fox has written: Lend the money to yourself for your retirement. In other words put the money into whatever vehicles you would normally use to save for your own retirement. Keep a note of how much of it you would like to have donated, and when the tax laws change in your favour, simply take money you would otherwise have put in ...


2

Get a Donor Advised Fund The first thing you need is a Donor Advised Fund. This will allow you to do several things: Allow you to make complex donations, even to charities that can't accept them because they don't have the workload or skill to process the gift. For instance, in the US there is tax advantage to donating appreciated assets rather than ...


2

Invest in an index fund. Every few years (bunching donation deductability as per TTT's answer), donate the appreciated investments. You will be able to deduct the entire value at time of donation from your taxes. If they haven't appreciated, you can either wait longer for them to appreciate, or sell them, take up to $3000 the loss off your taxes, and donate ...


1

I would recommend reading this article "How to give like a billionaire" it has some interesting suggestions including how to set up a small charitable foundation which allows you to cash out your equity without the associated capital gains. I'd also recommend avoiding attempting to invest in real estate unless your goal is to use this as a charitable ...


1

The concept of efficiency is very hard to measure in non-profits, as sometimes it's just too costly to measure impact. Sometimes you can't measure accurately the effect operations have on the field, for example because you can't predict what would happen without your action, or because it would be too costly to measure the impact. The key considerations for ...


1

I think the subjectivity of charity oriented to a particular goal (say, saving lives) is hugely overrated. There's a substantial, thorough body of academic research around many interventions in global health development, and there's a lot of serious scientific work that's been done to determine what the consequences of funding particular interventions will ...


1

I think that you're tilting at windmills on this one and the windmill isn't going to lose. Unless it's a small local charity, most that I have dealt with don't have the time or inclination to customize their mailing lists for your convenience. While I don't contribute to as many charities as you, perhaps only 10 or so, I give enough to get plenty in ...


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