Making A Difference Through Charitable Giving

Making A Difference Through Charitable Giving

ZUNE TH

S AT TA R

Making A Difference

Through Charitable Giving Many people try to support the charities that address the causes that matter to them.

H

owever, most people also give only when asked, which might not be the best way to get the most out of donating.

With a giving plan, individuals can be proactive and ensure that their donations will make a real difference.

Set Goals Setting goals is one of the tenets of prudent financial management and giving to charity should also conform to this measure. Individuals who proactively set aside a portion of their income that they’re comfortable giving to charity are more likely to be consistent.

What Change Do You Want to See? The important thing for a donor to figure out early on is the type of outcome they want their donations to work towards. This means choosing a major cause area and deciding on the organisation (or organisations) that focus on this specific area.

Much like investing, individuals can choose their charities and add them to their giving portfolio.

Filter the Available Options The wide variety of charitable organisations worldwide ensures that potential donors will always have multiple options to choose from. The best way to select a charity is to screen it via data analysis (where data is provided by the charity) or by using charity rating services.

THE IMPORTANT THING FOR A DONOR TO FIGURE OUT EARLY ON IS THE TYPE OF OUTCOME THEY WANT THEIR DONATIONS TO WORK TOWARDS.

The wide variety of charitable organisations worldwide ensures that potential donors will always have multiple options to choose from.

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