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By Marty Nemko
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I Want to Give $100 to $500 to Three People

Friday, April 11, 2014 16:56

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I’m wondering whether my charitable donations might do more good if I gave them to worthy individuals than to non-profits. Too often, the money gets spent inefficiently.

Like most people, I’ve donated to nonprofits rather than individuals so I could get the tax deduction. But I’m wondering if that is letting the tail wag the dog.

So I’m trying this experiment: If you or someone you care about could benefit from my giving the person between $100 and $500, I invite that person writing me a note explaining why they think significant good would accrue from it.

I’d prefer to make a donation that would have a ripple effect. Here are three examples:

A recent immigrant is a good scientist but speaks very poor English and so is having a difficult time finding a job. He or she could benefit from an English-language tutor or software. If he couldn’t financially afford that, I’d feel that helping to fund it would be a good use of my money.
A child from a low-income family is intellectually gifted but attends a school that insufficiently meets his or her needs. I’d consider helping fund him or her to attend a week-long summer day program or camp for high-ability kids.
A person has an idea for a website that would match mentors with proteges. But he or she doesn’t have even a modest amount of money to spare. I could see contributing to the development of that website.

For this experiment, my goal is to fund three people.

My preference is that applicants write their note as a comment on this blog post so others can perhaps be inspired by it or even donate to that person. But if the person prefers, he or she can email me at [email protected].

Source: http://martynemko.blogspot.com/2014/04/i-want-to-give-100-to-500-to-three.html

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