Have you ever heard of someone saying that philanthropy is a calling? Such people believe that in order to be a philanthropist, you need to have a special kind of calling from a higher power. However, I am here to tell you otherwise because I believe that anyone can be a philanthropist if they choose to be. It is just a matter of making a decision about giving back to the community. In this article, I am going to look at the process that one can go through in order to be a philanthropist.
Decide what organizations to support
In general, being a philanthropist involves making a lot of decisions. The idea being a philanthropist is to make a difference and that means that you should be able to identify a cause that makes the most difference to give to. Giving your money to the wrong cause can be a waste of resources and highly demoralizing.
If you want to be a philanthropist, the first decision you will need to make relates to the organization you want to support. You will need to make this decision after you have decided on the cause you want to support. The cause you choose should be one that you can relate to well or are involved in. For instance, Bo Parfet is a great financial expert and has been involved in giving back to the society for a long period of time. That is why he chose to start Denali Ventures philanthropy to put his business management skills to use while giving back to the community.
As you choose the organization, you should narrow your focus to 1 to 3 organizations that do something that you are passionate about. You can then do a little more research and even visit all of the three organizations so that you settle on one in the end. You can also choose to go with more than one organization to support.
Decide when to give
Giving is not a full-time job. Rather, it is something that one should make a schedule for and give when it is most suitable for them. You can choose to give on a monthly or annually basis. Whatever option you choose to settle on, it is important to ensure that you get your financial situation in order so that you don’t end up giving too much or too little than you should.
You should also choose whether you want to give your money away to charity when you are still alive or after you die. People who choose to give while they are still alive do so mostly because they want to maintain control over what happens to their money.
Decide how to give
You can donate money in a variety of ways. For instance, you can choose to use credit cards, check, or even cash. You should know that giving doesn’t always mean that you give money. You can also give assets such as mutual funds, bonds, and stocks. Other gives items such as computers, books, vehicles, lands, and clothes among many others. Giving is a good cause that everyone should take part in to make a difference in the world.