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How not to fall into the hands of fraudsters: what is important to know when choosing a charity fund

How not to fall into the hands of fraudsters: what is important to know when choosing a charity fund

21/09/2024

How not to fall into the hands of fraudsters: what is important to know when choosing a charity fund

💡 Charity is an important thing, but unfortunately, not all organizations act honestly. How to check that the fund really helps and not fall into the trap of fraudsters?

1️⃣ Check the fund's reputation
First of all, search for information about the fund on the Internet, look at reviews and materials in the mass media. Confidence in the fund should be reinforced by years of activity and transparency of its work.

2️⃣ Availability of official documents
Every charitable foundation must have registration documents. Check them on the official website or ask the foundation to provide them. Lack of legal status is a red flag.

3️⃣ Transparency of financial activities
One of the main criteria is regular reporting on the use of collected funds. The foundation must publish annual financial statements or regularly share updates on expenditures and projects implemented.

4️⃣ Clear mission and real projects
Respect for the benefactor is transparency in business. The foundation must have a clear mission, clear goals and real projects that can be verified, for example, through reports on the website or pages in social networks.

5️⃣ Check cooperation with well-known partners
Trusted organizations often work with reliable partners — big brands or international charities. Such cooperation is an additional indicator of the reliability of the fund.

💚 Charitable fund "Blagomai" always operates transparently and openly! We regularly report on our initiatives and invite everyone to join our community.

Together we can do good without fear of being deceived!

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