Does sponsoring orphans through a charitable organization fall under the narrated hadiths?

Question:
This questioner asks: What is your opinion on sponsoring an orphan or orphans through charitable organizations? Does this fall under the narrated hadiths?

Answer:
There is great virtue in sponsoring an orphan, and Allah the Exalted has commanded kindness to orphans in the great Qur'an as part of the rights [owed to them]. You must know the orphan; you must know the orphan and verify his status. As for an orphan you do not know and have no information about, it is not recommended that you sponsor him; rather, you should give charity in money. If you have money, give charity to the poor and the needy. Yes.