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I've been a volunteer treasurer for several medium sized non-profits.
You should have a think about what sort of charity resonates with you. Like education support, homelessness, legal support, drug rehabilitation, et cetera.
Then call a few in your area and tell them you're considering a bequest, and would like to understand some more about their organisation and how the money is used. 1
I'm leaving everything to a wildlife conservancy. Heres some info:
Australian Wildlife Conservancy
Heres some sites that rank charities reputations (maybe google "charity reputation ratings" for more localized info):
Careful with non-profits, and even not-for-profits. Many of them are just cogs in a corporate machine, designed to further benefit large corporations.
If you don't have any descendants to pass it down to as generational wealth, maybe explore setting up a trust for a family that hasn't had that opportunity to build any yet?
DepYou could attempt the non-selfish kind and just donate it all to an independent health/rescue org like Red Cross/Red Crescent.
You could also go the kinda-selfish route like Alfred Nobel, known in his time as the merchant of death. Make an elaborate award&grant giving scheme for exceptional contributions to society in a variety of fields; boosting said contributions for many years. Would only recommend this route if you've got more than enough coin to spare, as the overhead of ensuring ethical operation is significant.
If you've got a house, you could transfer ownership to a trust/foundation/housing coop, to make it available for living at below market price.
I'd donate to various free software & open hardware projects important to societal improvement; like Mozilla, certain fediverse projects, PostmarketOS, Fairphone, etc. Also anarchist orgs.
Find an organization with a long history of successfully bringing meaningful change to society and that has stayed true to its values. In my opinion, the Electronic Frontier Foundation comes to mind.
Or find something local to your community, directly giving to actual families in need near you
One quirk of the laws in my country is that you can't have arbitrary wills. Your family will inherit your possessions, and the order in which their claims have priority is also established. A will helps that process go more smoothly, that's all.
The only guaranteed way to make sure your estate goes where you want it, is to enact the transfer when you're still alive. Which has the added benefit of allowing you to see the impact it makes, so maybe this is a good idea in other places too.
Thatβs also what general happens in the US if you die without a will. Itβs called intestate succession. If your spouse survives you, they will generally get everything held as community property. If you had property prior to the marriage, it might be divided among your children, if any. Of there are no immediate family (spouse and/or children), it can then be divided among any relatives you do happen to have.
If you have any valuable assets that you want to bequeath to someone in particular, then itβs important to have a will. If you want a bigger chunk of money to go to a relative you know is struggling financially or could otherwise use it (kids heading to college, buying a house, whatever), then thatβs another reason to have a will. Of instead of a family member, you want the money to go to a charity, then thatβs yet another reason.
Donating to just about any charity is a noble cause! I'd also suggest establishing scholarships with educational organizations you like and, depending on the size of your estate, consider endowments that ensure continued support to those organizations.
MSF and Heifer International I think are two of the more unimpeachable charities afaik
I feel like I've also heard nothing but good things about Habitat for Humanity
Planned Parenthood imo is a great cause as well. Or IPPF internationally.
MSF and Heifer International I think are two of the more unimpeachable charities afaik
I feel like I've also heard nothing but good things about Habitat for Humanity
Planned Parenthood imo is a great cause as well. Or IPPF internationally.
These are partially listed as strong examples because they are considered very good charities that help people but also because of the aid multiplication effect of them. Charities that provide stop gap aid are important but not at the expense of aid that provides knock on effects. Ie. More homes and shelter and more sustainable living leads to less poverty down the road, less crime, less broken homes etc... Helping the sick and injured removes need for intensive long term care by family and hopefully produces a new productive person who can help their community. Heifer International helps establish agricultural infrastructure that the locals own and operate themselves, not just feeding people. And perhaps most critically of all, Planned Parenthood gives women the right to take care of their bodies and make choices on it. A woman who grows up healthy and has choices gets more educated and doesn't make unplanned children that nobody is ready to care for properly. This has incredibly positive affects not just on the women's lives but on society down the road. Simple birth control/sexual health access produces incredible ripple effects in society, better educated women, better educated children, less poverty, lower crime.
Enough of the suggestions appear to be good; I'm going to say one that I don't think has been mentioned yet - - St. Jude. They help kids with cancer & their families, so they can get treatment without paying anything out of pocket. And I mean ANYTHING.
Families with young kids tend to be on the poor side. Cancer hits them like a ton of bricks; they can't afford this expense. St. Jude pays for transport, puts the family up while they treat the children. So much money is given to the kids & their families.
It's not all altruism & butterflies, though! It's also just...fucking smart & helping to refine modern medicine. Millions of USD goes into R&D, working to treat & cure cancer, in kids. Hopefully creating tech, methods that benefit us ALL. There is no downside to donating to St. Jude.
Your kids, then family then friends.
My go-tos would be MSF, ICRC, and UNHCR.
Though I kinda wanna ask why the question?
