Category: Charity Organizations - Page 2

12 February 2025 0 Comments Elara Greenwood

Why Do Rich People Set Up Charitable Foundations?

Rich people often establish charitable foundations as a way to combine their wealth with philanthropy. These foundations enable them to make a more significant impact on causes they care about, provide tax benefits, and create a lasting legacy. By setting up a foundation, they can also engage their families in charitable work and ensure their philanthropic efforts are managed effectively. Understanding the motivations and benefits of these foundations can provide insight into the intersection of wealth and charity.

14 January 2025 0 Comments Elara Greenwood

Unveiling Charity Fund Distribution: What Gives?

It's often assumed that donated money goes directly towards causes, but the true path of these funds can be surprising. This article dives into how much of the money raised by charities is actually spent on their stated missions. We explore the intricate world of fund allocation, shedding light on why some expenses are necessary and how donors can ensure their contributions make an impact. The piece offers insights and tips for making informed decisions when choosing which charities to support.