Wednesday, September 28, 2005

Chuck Jaffe: How to 'scout' charities - Financial - Financial Services - Mutual Funds

Chuck Jaffe: How to 'scout' charities - Financial - Financial Services - Mutual Funds: "How to 'scout' charities
Throwing money at disasters can cause problems
By Chuck Jaffe, MarketWatch
Last Update: 12:01 AM ET Sept. 28, 2005
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BOSTON (MarketWatch) -- Like a lot of people, Caren can't get the images of Louisiana and Texas out of her mind.


While she may live in New Jersey, the news brings constant reminders of the devastation wrought by hurricanes Katrina and Rita.

But to this point, Caren has not been moved to contribute. Part of her reluctance, according to an e-mail she sent, is that the last event that moved her to feel so strongly was the Sept. 11 terrorist attacks.

At the time, Caren says, she contributed to every charity she could. She left money in jars on counters and tables, she sent in donations to telethons, she answered appeals from several different groups"

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