Being able to stand up to a bully, volunteer at a local food bank, or march in a protest can hugely impact the world around you. While you may not see the immediate results of your actions, they can have a ripple effect. This is also the way that philanthropy works. It involves providing financial donations or services to a charitable cause.
Giving and volunteering are very beneficial to both philanthropists and recipients. It can help broaden our perspectives on the world and develop empathy. It can also increase a person’s sense of optimism and happiness. According to a study by researchers at the University of Notre Dame, more generous people are more likely to enjoy a healthy and happy life.
Although people sometimes think giving a lot is necessary to receive these benefits, small gifts can make a huge impact.
Getting Started With Philanthropy
Giving monthly may be a more practical option if you are financially stable. Although it may not be possible to give as generously as you wish, giving monthly can allow people to stretch their giving and make a difference in the world. One of the most important factors people consider when it comes to philanthropy is the ability to keep their bank accounts in order.
One of the first steps people should take when it comes to philanthropy is to research the operations of their favorite organizations. Doing so can help them feel good about their gift and how the organization uses their money. You can also check the organization’s website or look at its impact report.
While volunteering can be a great way to bond with your friends and family, giving can also be a great way to spend time with them. In addition, doing so can help establish a tradition of giving.
Giving back to others is very beneficial to both philanthropists and recipients. It can help them achieve a higher sense of satisfaction and growth. Doing so can also help them feel good about their gift and how it can make a difference in the world around them. Share your cause on social media or let it be talked about at a networking event. You never know when your actions will inspire others.
Seeing that many people give financially and through acts of kindness is encouraging. According to the US Department of Treasury, the country’s total charitable contributions reached a record high of $455 billion in 2019. This was mainly due to the contributions made by individual donors.