![]() ![]() That doesn’t mean we totally close our eyes. In its 20 th year, the Forbes list is quantitative, not qualitative, meaning we don’t pass judgment on the basis of merit. We also exclude nonprofits with very few direct donors-a classification that includes almost all private foundations-and charities that receive the bulk of their donations indirectly via fundraising drives run by others in the community chest model. Among them: academic institutions, which generally seek gifts only from their alumni donor-advised funds, which oversee charitable accounts for many individual donors who dole out the account money over time to operating charities, including those on our list and the many religious entities that don't furnish information. These categories are included in other revenue.īecause our goal is to look at nonprofits appealing to the general public, large categories of nonprofits are excluded from our consideration by definition. ![]() We also exclude fees for goods and services, such as daycare help, medical care and health clubs, as well as investment returns. In our view, donations are transfers made with true charitable intent and nothing returning to the donor besides the psychic pleasure of backing a worthwhile cause. As a result, we don’t count as a donation membership dues for, say, a museum, figuring the donor/member is getting some kind of a reduced admission price to view the masters. The donations can be in cash, stock, goods–often called gift-in-kind-and in labor or services if the charity includes them in their statements (not all do). But we don’t include donations from governments or their agencies since, by definition, they are public and not private. The gifts can come from individuals, estates, corporations, other nonprofits, federated campaigns and a charity’s own fundraising events. The list is determined by the amount of private donations received in that latest fiscal year. Some charities quickly turn around their results, which means we have numbers for a fiscal period ending in 2018 a few report very slowly, forcing us to include a fiscal year ending in 2016. The data covers the latest available fiscal year, generally ending in 2017. Information comes from the charities themselves, in the form of IRS Form 990 filings, audited financial statements, annual reports or Forbes survey forms that charities fill out. The roster is of the 100 biggest charities, not necessarily the 100 best (if even there were an objective way to determine that). Let us explain, first by describing the Forbes list. That’s because some of the techniques for assessing charitable whales are essentially the same as for charitable minnows. charities can be of help, even if a specific charity drawing your interest is not on the roster. The annual Forbes list of the 100 largest U.S. They involve taking time to conduct some due diligence and applying some common sense. Still, there are ways to become a knowledgeable donor. ![]()
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