The past few years, I've been donating to a charity that focuses on helping children who have cancer. I did a fair amount of research and feel confident that they use the funds better than most charities.
I also look around for local charities and donate a bit for things like sports equipment and whatnot.
Just thought I'd see what others are doing and maybe change it up this year.
Local food bank, local church, local trail association. that's it. Most charities are a scam where maybe 5% of what they earn actually goes towards their stated goal, the rest goes to """administration""".
All charities are required to report where the money goes. It’s usually easy to find those reports. Some put a lot of money into administration like you said, but many don’t.
I wouldn’t just assume your local groups use the money wisely
Publicly traded companies have a fiduciary duty to their shareholders, but that doesn't stop the C-suite from getting creative with their accounting so they get their bonuses (see: Nvidia).