NEW YORK (CNNMoney.com) -- TV and newspaper images of oil-drenched beaches and wildlife may have you reaching into your wallet to help. Here's how to make sure you're getting the most out of your charity dollars.
Look for experience
Allocate your dollars to established organizations that have expertise in aiding Gulf communities. While there may be other charities that are eager to help relief efforts, they may lack the resources and management necessary for the job.
Track your money
Find out how the charity plans to spend your dollar. There are a number of ways that organizations are trying to pitch in, from protecting the shoreline and rehabilitating wildlife to advocating for different governmental energy policies. Ask that your donation is used for the company's Gulf-related activities, and not for general support of all its programs or administrative expenses.
Get a second opinion
Check out CNN.com/impact to get an idea of what charities are working in the area. And to check the reputation of the organization, go to the Better Business Bureau at BBB.org/charity.
Keep in mind that the Gulf region will be suffering from the effects of the oil spill for years to come. There will be plenty of opportunities for more donors down the road. If you can't find a cause you can get behind right now, you can always wait a few months and see what new organizations have stepped into action.
Talkback: Have you given to the Gulf oil spill clean-up effort?
Overnight Avg Rate | Latest | Change | Last Week |
---|---|---|---|
30 yr fixed | 3.80% | 3.88% | |
15 yr fixed | 3.20% | 3.23% | |
5/1 ARM | 3.84% | 3.88% | |
30 yr refi | 3.82% | 3.93% | |
15 yr refi | 3.20% | 3.23% |
Today's featured rates:
Index | Last | Change | % Change |
---|---|---|---|
Dow | 32,627.97 | -234.33 | -0.71% |
Nasdaq | 13,215.24 | 99.07 | 0.76% |
S&P 500 | 3,913.10 | -2.36 | -0.06% |
Treasuries | 1.73 | 0.00 | 0.12% |
Company | Price | Change | % Change |
---|---|---|---|
Ford Motor Co | 8.29 | 0.05 | 0.61% |
Advanced Micro Devic... | 54.59 | 0.70 | 1.30% |
Cisco Systems Inc | 47.49 | -2.44 | -4.89% |
General Electric Co | 13.00 | -0.16 | -1.22% |
Kraft Heinz Co | 27.84 | -2.20 | -7.32% |
Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands. More |
Land O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files. More |
Honda and General Motors are creating a new generation of fully autonomous vehicles. More |
In 1998, Ntsiki Biyela won a scholarship to study wine making. Now she's about to launch her own brand. More |
Whether you hedge inflation or look for a return that outpaces inflation, here's how to prepare. More |