Giving Tuesday follows Cyber Monday to help charities

Giving back on Giving Tuesday
Giving Tuesday
Giving Tuesday - Riley Children's Hospital
How donations help Riley Children's Foundation

INDIANAPOLIS (WTHR) — It's easy to get caught up in the consumerism of the holidays with all the talk about shopping and the latest discounts.

But don't forget about Giving Tuesday.

It's a chance to give back, whether you're donating money or volunteering your time to an organization in your community.

A representative from Riley Hospital for Children sat down with us on Sunrise Saturday morning to talk about what will happen with your donations to the hospital on Tuesday.

"There's a lot of things insurance doesn't cover, number one,” explained Laura Buckner of the Riley Children’s Foundation. “They've got top notch doctors and patient care, but then there's also things that surround the patient care like child life specialists come to mind. Those are the experts that treat the child's spirit. They might show a little girl on a doll how an I-V is going to go into her."

Other agencies like the United Way will be using donations made on Tuesday to support the United Christmas Service.

With millions of charities accepting donations, how do you pick where your money will be best spent? There are websites that can help you see which charities do the most with your donation.

Charity Watch gives a letter grade to charities based on how effect they are with your money. "A" grade means your donation goes far, while an "F" grade could mean the money goes to over-paid administrators or is wasted on more fundraising.

Charity Navigator lets you look at other factors like how open the charity is about where its money goes. Chances are a charity that shares its financial information is going to make better choices.

And if you don't want to do all that work, Give Well produces a short list every year of charities that will do good work with your donations.

Learn more about Giving Tuesday at this link.