A note of caution when donating money to important causes

Japan has experienced one of the most challenging natural disasters in the last century.  Most of you have seen footage of the powerful 23-foot waves come in from the western shore of Japan mowing down whatever was in its wake including homes, large buildings, businesses etc.  Our heart goes out to the many thousands of people who have lost their lives and the families and friends that were left behind.

With the thousands of deaths and damages that accompanied the disaster many causes will pop up on the internet, grocery store counters, email requests, etc. with opportunities to donate to the cause of the people in Japan.  Just a note of caution, be careful to choose reputable causes to which to donate your hard-earned money.  Make sure and read their prospectus and financial statements, and do other research which may be required.

With many telemarketers calling requesting donations to one charity or another I have found that donating to my church gives me comfort.  I've seen the causes that they donate to and I trust the administrator of the money, and these are some good criteria to use when choosing a charity.

I found a great site that helps us determine to whom to donate our money.  Here are some of the tips which they give:

• Wait and See how the charities will donate
• Designate your investment-You can designate your donation to go to this particular crisis
• Be careful of email solicitations-Be Leery Of People That Contact You Online Claiming To Be A Victim
• Consider The Nature Of The Charity’s Work-Not every charity responds in the same way

May you find peace and comfort donating to good causes which will benefit the lives of many who are suffering through a disaster.

Thank you,

Greg and Jody Roche
Be Frugal Live Wealthy