Need to make a tax-deductible donation in 2024? Look before you leap!

Statewide Iowa – With just a few days left in 2024, many Iowans are making year-end donations to charities to help with their tax picture next year, but they’re warned to look closely before writing the check. Teresa Fritz, with the Better Business Bureau, says to do some research before donating even a dime. Fritz says the bureau evaluates hundreds of charities at the website Give-dot-org based on 20 different factors, with one of the biggest being accountability.

Many charities receive one-third of their annual donations — or more — during the holiday season, so these year-end gifts are important. Fritz says sometimes the names of organizations will sound alike, but their support is very different.

If you get a phone call from a charity you’re not familiar with, don’t give, especially if someone is pressuring you. When you’re making a gift, she suggests plastic may have advantages over cash or a check.

Anyone can access the Better Business Bureau’s Give-dot-org website for free. It’s part of the Wise Giving Alliance.

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