Breast Cancer Awareness Month: Watch for “Pink” Scams
October is National Breast Cancer Awareness Month, and many businesses are marketing products and services donned with pink ribbons to show financial support for breast cancer charity groups and organizations. While this is a legitimate practice, be on the lookout for dishonest businesses who claim to support breast cancer research or services through the purchase of pink products, but rather pocket the donations instead. Better Business Bureau (BBB) serving Central East Texas advises consumers to research pink product and charity claims before making a purchase or donation.
“The pink ribbon is not trademarked; any company or charity can use pink or a pink ribbon on their products”, said Mechele Agbayani Mills, President and CEO of BBB Serving Central East Texas. “So, it’s important to confirm that a business’ claim to partner with a charity is legitimate.”
BBB recommends consumers take the following steps to ensure their donations go where they are needed:
Think before you pink: Remember to read labels on products carefully for disclosure of information. If you can’t find information, contact the business directly and ask the following questions: What portion of the purchase price will be donated to the charity? When will the charity receive the donated amount? What exactly is being funded? Are donations to the charity from the business capped? When is the last day to donate? Confirm the charity’s corporate partners. Many national breast cancer charities list corporate partners and sponsors on their website. Check to make sure the business you’re purchasing from is associated with the charity.
Use your head as well as your heart. Think about the product that you are purchasing, is it something that you want or need? If the answer is no, then consider making a donation directly to the breast cancer charity of your choice. That way you know exactly how much money is going to the charity of your choice.
Keep an eye out for copycat charities. In 2015, the Federal Trade Commission (FTC) charged about a half a dozen charities who were charged with swindling nearly $200 million from donors. In order to make sure donations go to the right place. If you suspect a scam involving a ‘look-a-like charity,” do not give. Be watchful for names, logos, slogans or colors which are similar to the legitimate charity. Be wary of bold claims such as “100 percent of donations will go to the charity.” This is not true since all charities have fundraising, program and administrative costs. Be wary of vague claims, such as “all proceeds go to charity” or “your purchase will benefit a charity.”
Consumers can find reports on charities at Give.org. The Wise Giving Alliance examines the percentage of its money a charity spends on programs, its governance, fund-raising, informational materials and effectiveness. Charities who meet all 20 BBB Standards for Charity Accountability can become BBB Accredited Charities.
ABOUT BBB: For more than 100 years, the Better Business Bureau has been helping people find businesses, brands and charities they can trust. In 2017, people turned to BBB more than 160 million times for BBB Business Profiles on more than 5.2 million businesses and Charity Reports on 11,000 charities, all available for free at bbb.org. There are local, independent BBBs across the United States, Canada and Mexico, including BBB Serving Central East Texas, which was founded in 1985 and serves 19 counties.