Introducing the first ever Giving Challenge on Well Kept Wallet. What is it, you ask? We are going to give away $1,000 to worthy causes in July. We want you to tell us who you think should get the money.

If we like your suggestion, we will give that organization up to $500. Here are the details:

Fill out the form below and submit it by July 31st, 2012. We will review your submission, check out the charity’s website, and let you know if we choose the one you nominated for the challenge. Here is the breakdown of the distribution of the $1,000:

#1 Pick – $500

#2 Pick – $300

#3 Pick – $200

You can submit as many organizations as you like and the more submissions an organization gets, the better their chances are of winning. So tell everyone you know to vote for your favorite cause!

Do you have a cause that you think is doing great things? Tell us about them in the form below.