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Grace Nicolette

👤 Person
138 total appearances

Appearances Over Time

Podcast Appearances

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

Looking at that one thing, because I think donors are often looking for like profit for a business. What is that one thing that I can look at that can just tell me whether a nonprofit is good or not? And I think that it requires a lot more nuance and a lot more education to say, no, there actually isn't one thing you have to really fully understand.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

That's right. Every holiday season, I see a meme going around on social media with different nonprofit CEOs' pay levels. And the lowest CEO salary of this one organization was purported to be $13,000. And that was supposed to be a good thing. And I look at that and I'm like... How does someone survive on that? Exactly. Like, I'm not sure that that person is able to survive.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

That's right. Every holiday season, I see a meme going around on social media with different nonprofit CEOs' pay levels. And the lowest CEO salary of this one organization was purported to be $13,000. And that was supposed to be a good thing. And I look at that and I'm like... How does someone survive on that? Exactly. Like, I'm not sure that that person is able to survive.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

That's right. Every holiday season, I see a meme going around on social media with different nonprofit CEOs' pay levels. And the lowest CEO salary of this one organization was purported to be $13,000. And that was supposed to be a good thing. And I look at that and I'm like... How does someone survive on that? Exactly. Like, I'm not sure that that person is able to survive.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

And I'm not sure that organization's attracting the best talent.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

And I'm not sure that organization's attracting the best talent.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

And I'm not sure that organization's attracting the best talent.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

This is really the biggest question. And sometimes it's actually the hardest place to start. It's for someone to actually sit down and write down, what are my goals? And one of the challenges here is also just right-sizing your goals with how much money you can give. It's very tough to say, like, well, I would like to eradicate homelessness in my town, but I'm giving $1,000 a year.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

This is really the biggest question. And sometimes it's actually the hardest place to start. It's for someone to actually sit down and write down, what are my goals? And one of the challenges here is also just right-sizing your goals with how much money you can give. It's very tough to say, like, well, I would like to eradicate homelessness in my town, but I'm giving $1,000 a year.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

This is really the biggest question. And sometimes it's actually the hardest place to start. It's for someone to actually sit down and write down, what are my goals? And one of the challenges here is also just right-sizing your goals with how much money you can give. It's very tough to say, like, well, I would like to eradicate homelessness in my town, but I'm giving $1,000 a year.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

That's not in line with the scope of the issue. Part of it is looking at how much do you want to give and what areas really touch your heart and your head first. Start close to you. Like, what are causes that mean a lot to you and your family? How were you helped along the way? And start from there. Like, find what's interesting and ask questions, talk to people, that kind of thing.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

That's not in line with the scope of the issue. Part of it is looking at how much do you want to give and what areas really touch your heart and your head first. Start close to you. Like, what are causes that mean a lot to you and your family? How were you helped along the way? And start from there. Like, find what's interesting and ask questions, talk to people, that kind of thing.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

That's not in line with the scope of the issue. Part of it is looking at how much do you want to give and what areas really touch your heart and your head first. Start close to you. Like, what are causes that mean a lot to you and your family? How were you helped along the way? And start from there. Like, find what's interesting and ask questions, talk to people, that kind of thing.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

I think all are needed. You know, there really has been a big debate within philanthropy about whether or not you should always give, for instance, overseas. A lot of folks in the effective altruism movement would say that cost per life saved, dollar per life saved would actually be the most important metric. We don't believe that. And I don't believe that personally. I think that all are needed.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

I think all are needed. You know, there really has been a big debate within philanthropy about whether or not you should always give, for instance, overseas. A lot of folks in the effective altruism movement would say that cost per life saved, dollar per life saved would actually be the most important metric. We don't believe that. And I don't believe that personally. I think that all are needed.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

I think all are needed. You know, there really has been a big debate within philanthropy about whether or not you should always give, for instance, overseas. A lot of folks in the effective altruism movement would say that cost per life saved, dollar per life saved would actually be the most important metric. We don't believe that. And I don't believe that personally. I think that all are needed.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

I think that if we believed that, we would never give into our own neighborhoods. We would never give to things that address like beauty and justice around us. And so I think it's an and and not one or the other.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

I think that if we believed that, we would never give into our own neighborhoods. We would never give to things that address like beauty and justice around us. And so I think it's an and and not one or the other.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

I think that if we believed that, we would never give into our own neighborhoods. We would never give to things that address like beauty and justice around us. And so I think it's an and and not one or the other.

NerdWallet's Smart Money Podcast
Travel Smart, Give Smart: Southwest Companion Pass and Charitable Giving Strategies

The wonderful thing is here in the United States, most nonprofits have annual reports and also tax filings, the 990s. You can actually look into their website just to see like, how are they spending the money? And usually nonprofits are actually pretty clear on how they're spending it. As a donor, I would say, give in a way that gives a nonprofit the maximum flexibility.