SANCTUARY STANDARDS
There are some very important facts to know about non-profit charities before donating to them or making a commitment to sit on the board of directors for one. Although there are many effective charities that do great work, an estimated $40-50 billion per year is lost to fraud in non-profits and scandal is found in over 20% of philanthropic organizations, according to the New York Times. Charities need to tighten controls against theft, especially in a tough economy. It is wise to be skeptical and do your due diligence before involving yourself or your financial support.
FRAUD IN NON-PROFIT ORGANIZATIONS
Verify the financial and tax information of 501(c)3 charities at Guidestar.