Donations are in great need after Typhoon Haiyan created such devastation in the Philippines. Please help the relief effort by donating to some charities.
Time World has a comprehensive list of active charities and their focus. After reviewing the efficiency ratings of the charities at charitynavigator.org I decided to skip American Red Cross and instead donated directly to the Philippine Red Cross [wiki] as suggested by the Time World article as well as Slate. I feel that the Philippine Red Cross will do what is best for their people and I’ll have less worry about where my money went.
The Philippine Red Cross accepts PayPal as well as other forms (that I am unfamiliar with). The PayPal conversion rate is 1 U.S. Dollar equals 42.4127 Philippine Pesos.
If you would rather go through another source, PayPal is currently waiving any transaction fees for donations to the relief effort (details here).
Want to know more about the importance of how efficient a charity is? Ted Talks had 2 great talks by Peter Singer and Dan Pallotta that’ll make you think more about the charity you decide to donate to.
As always, make sure to keep all donation receipts for taxes. If you decide to donate $250 or more the IRS may audit and ask for proof. Also remember to check if your company provides a match for donations.