4 Overlooked Lessons About Philanthropy

Philanthropic efforts can be rewarding in mores aspects than one, and can often benefit more than the recipient. Because of this strategic philanthropic efforts can be leveraged many ways that have a positive impact on both parties. Here are 4 lessons about philanthropy that will give allow you and others to make the most of the experience.

Benefits to Both Parties

Most people view philanthropy as a selfless or altruistic act, however, it doesn’t have to be viewed that way. Giving to others is the number one way to boost the your personal morale, or the morale of a group and/or business. Businesses that engage in philanthropic efforts often see great customer loyalty, increased engagement and a spiked overall productivity. So be sure to know that your charitable contributions can be felt by both parties.

Diving Deep

When donating to charities, many look to “give everyone a piece” which usually has the same idea as spreading small amounts across the board. While this is still beneficial, it can actually be more effective to dive deep into a few carefully selected charities. This allows the donations to be much more thorough and the presence will be felt by all, usually bringing a strong connection to all stakeholders. With a smaller group of selected charities it is easier to see the transformation of a group and the presence can really be felt.

Donate Before Death

During life many people are always worried about their resources and what is going to happen next. This is one of the largest reasons that people choose to donate after they have died. Many leave behind extensive wills and other pledges as an example of this. However not everyone should wait until after they are gone to donate, they should use the remainder of their life to help others and promote a greater experience for others because they have the resources to do so. This can be one of the most rewarding things a person can do in their whole life. Is essence, donating during life not after, is much more rewarding.

Do More Than Write the Check

Engaging as a responsible and effective donor is more than just writing the check. Being a donor also means using your resources to help others to the best of your ability.  Identify the resources that you utilized to gain your status and use them to help the group or organization. The more you invest yourself the more reward that you will receive from the opportunity. It’s always better to give with your heart and not just your checkbook.

Final Word

If you are fortunate enough to participate in a philanthropic or charitable experience it is important to always give your all and make the most of the experience. This is the final key in really making a difference in your life and the lives of others.