We encourage people to do both: support charities now AND support their futures. When you support charities directly, they will spend your money directly. The difference with Give For Good is that with us, your one-time donation results in a stable income for the charity year in, year out.
“They will spend your money directly”—seems like a strong statement, makes it sounds like charities usually do not invest any of the money they receive. Is that true? I don’t know, just flagging this for further discussion.
thanks for having such a detailed look at our website, much appreciated!
To answer your statement, see my reply to Tom, most charities that I know of have legal limits on how much money they are allowed to invest legally, it is intended for backup/reserve reasons. I don’t know many that invest as a source of income (although they should!!).
Related: this quote from the FAQ on their website
“They will spend your money directly”—seems like a strong statement, makes it sounds like charities usually do not invest any of the money they receive. Is that true? I don’t know, just flagging this for further discussion.
Dear Lukas,
thanks for having such a detailed look at our website, much appreciated!
To answer your statement, see my reply to Tom, most charities that I know of have legal limits on how much money they are allowed to invest legally, it is intended for backup/reserve reasons. I don’t know many that invest as a source of income (although they should!!).
best,
Rik