Child sponsors

[NinePack]

Just wondering if any of you have sponsored a child before? Ive always considered it but end up not following through because i want to make sure that most of my money would end up in the proper hands.

Thanks for any help in finally making a decision

World vision
Plan
Unicef

[MoneyGuy]

My kids both sponsor kids and love it. Before someone asks, we give a lot to charity but have never done this in particular. I believe they're World Vision.

[ok, ok,....I get it]

slightly off topic.....(I hope it is allowed)...but do you know if this is tax deductible, either personally or corporatley?

[Ford Prefect]

Originally Posted by ok, ok,....I get it

slightly off topic.....(I hope it is allowed)...but do you know if this is tax deductible, either personally or corporatley?

Ahh, the true spirit of altruism. I just love the smell of tax write offs.

[ok, ok,....I get it]

Originally Posted by Ford Prefect

Ahh, the true spirit of altruism. I just love the smell of tax write offs.

actually, I do donate to charities.....I was just wondering....helping one is helping all

[MoneyGuy]

Hey, it's our duty to deduct all we legally can. Yes these are deductible?

[Canada 02]

Originally Posted by ok, ok,....I get it

actually, I do donate to charities.....I was just wondering....helping one is helping all

yes; I sponsor several kids with funds out of my Canadian and American bank accounts, and it is tax deductable on either side of the border

for the OP, World Vision has the lowest admin costs of the organization i looked into, so most of your donation supposedly goes to helping the kid.

World Vision 87%
CCF 83%
PLAN 80%

Find a Charity You Can Trust - http://www.charitynavigator.org/

[jayswin]

I sponser a child in Edmonton. We're partnered with Boston Pizza

[Ford Prefect]

Originally Posted by ok, ok,....I get it

actually, I do donate to charities.....I was just wondering....helping one is helping all

I was just being a knob ... there's nothing wrong with getting a tax deduction for charitable donations. I make donations through my company sometimes just for the sake of the deduction.

[stang]

How about the one that puts the most money into the kids hands but isnt religion orientated?

I dont want some guy pushing some religion on a third world country with my dime.

[HOZ]

Originally Posted by stang

How about the one that puts the most money into the kids hands but isnt religion orientated?

I dont want some guy pushing some religion on a third world country with my dime.

Nonreligious charities Q/A

Is that you asking that question?

[Devils'Advocate]

Similar threads:
http://forum.calgarypuck.com/showthread.php?t=30658
http://forum.calgarypuck.com/showthread.php?t=34218
http://forum.calgarypuck.com/showthread.php?t=46964

I don't post those to call fata.... I think there were some good information in those threads. Mostly my posts.

[Devils'Advocate]

Originally Posted by Canada 02

for the OP, World Vision has the lowest admin costs of the organization i looked into, so most of your donation supposedly goes to helping the kid.

World Vision 87%
CCF 83%
PLAN 80%

World Vision's money isn't going to "helping the kids":
http://www.hamsa.org/world.vision.htm

I'm not Cheese. I'm not Thor. I don't think Christianity or other religions are evil. I certainly appreciate any efforts that any people of all race and religion do out of the goodness of their hearts. However, it disgusts me that people will take advantage of a desperate situation to impose their belief system. So that 87% don't impress me much.

[SteveToms]

Do you get to put a decal on the kid, like in NASCAR?

[The Fonz]

Just to be clear, is WorldVision one of the best charities out there? Obviously I could trust that the money I send them really is helping a child?

[tkflames]

We have sponsored a child through World Vision for a few years now and it has been a great experience so far.
To answer Questions:
1) If O/H is of great importance to you, then do your research, I used to be as well and found WW to be one of the best. Having said that, I now consider it less of a priority, because in very few of these organizations is the church or are the leaders making serious money. Some of your money goes toward marketing for other sponsors (obviously) and some goes to the salaries of people who are actually doing the ground work.

2) Relgion. Yes WW is a organized by a religious leader with whom I strongly disagree (I am also not religious). When making this decision, this was a significant issue for me, but once again, it matters less now. (Can elaborate on this if required)

3) Yes this is tax deductible. However, at $35/month/child ($420/ year/child), you will need to sponsor several children or donate to other charities for this to be considered significant, as the tax savings on the first couple of hundred dollars of donated money are quite insignificant.

[NinePack]

Thanks for sharing your experiences and information. After reading some more i decided to sponsor a child today. As i have prolonged it to long already.

I went with WV, I am kind of mixed about religion part of it. I picked a location of a place Ive been to a few times. So i can relate to the living conditions. Kids deserve such a better chance.