People like to give money to charity because it gives them a "warm glow" and they feel that they are helping others less fortunate than themselves. There are lots of different ways of leaving money to charity.
There are lots of different kind of charities. Some of the most well known are those which relate to a particular illness or medical condition such as cancer, kidney disease or brain injury. There are charities established for nearly every conceivable condition from birth to death... premature babies to Help the Aged.
One of the main reasons that very wealthy people donate to charity is to reduce their tax bill. Another reason is publicity... it makes them look good.
We tend to give to those charities that we feel an association with. For example I have a regularly standing order with Barnardos an Irish children's charity that helps kids in deprived areas with providing some meals, and afterschool or homework clubs. I have two small children myself and thankfully myself and my partner are able to put food on the table and give them a reasonably decent life.
But when I give a donation, no matter how small I would like to be sure that it is getting to the people that need the money. I recently read an article on BBC News entitled "Roma children fund gangster luxury". The Metropolitan police rescued 28 children from raids in Ilford, East London. These children have been trafficked for the purposes of earning money.
Gangs in Romania approach poor families. They are told that their children will be taken abroad but they will receive money in return. However, the gangs charge for transportation. They agree to pay initially but they charge very high interest rates on the loan. The children found in London may be beggars but the sums they can generate are astronomical. The gangs value one child at €100,000 per year. But while the children are kept poor the criminals exploiting them build huge mansions with the profits. The money is sent back to Romania.
I would not like to think that if I gave money to a child on the street in London that it was going to fund criminals in Romania.
Also shocking is a report on the Daily Mail website about the amount of money that Bono's ONE foundation has actually given to charity. The ONE foundation received £9.6 million sterling in 2008 but only £118,000 went to good causes (1.2%). Figures published by the New York Post showed that £5.1 million went towards paying salaries.
Would you be happy giving your money on this basis?
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