How philanthropy can make your 2021 brighter

Here in the UK, while there appears to be a little light at the end of the tunnel, it doesn’t look like the effects of the pandemic are going to be easing off for a little while yet. Every nation that makes up our country is currently in a lockdown, which will be continuing as such for at least another month or so. In times like this it’s hard to stay positive, but dipping your toe in the philanthropic pool might just make your endless days spent at home that little bit brighter. We’re sure it’s not only us that get a warm feeling of doing good when we do something as simple as holding the door for someone, or when we send a friend a gift of our appreciation, just because. Now imagine the feeling you’d get from putting your energy into something even greater; this is what philanthropy brings.

Philanthropy and charity have one fundamental difference – their longevity and depth of involvement. For most of us, making a charitable donation is often a one-off act, and runs no deeper than the transaction of giving money. It’s always nice to give to charity, and it comes with a sense of emotional reward, however it’s often short-lived. Philanthropy, on the other hand, typically involves a more relationship-focussed approach, and is more of an ongoing set-up between donor and institution. This distinction is where getting involved with philanthropy can truly make your year brighter.

When starting your philanthropic journey, it’s important to first understand your ‘why’ – your reason for delving into this rewarding world. Some people get involved with institutions who have had a direct impact on their lives, whereas others reach out to those tackling more widespread issues. Perhaps there is an issue that as a family you feel passionately about, and that can bring you together as you work on something special to you all. Philanthropy can strengthen connections within communities, and can create bonds that would not have come about without it. It’s a remarkable tool when used correctly, and can help to break down barriers between social groups, for the better; philanthropy opens the door to making real, lasting change in society.

There’s no textbook way to start, and so long as you find a cause that you’re passionate about, you really can’t go wrong. However, taking your first step in philanthropy is not a small thing, and it’s something that requires a great deal of thought before you first act; not knowing where to start can be a major hurdle for many. Once you’ve discovered your ‘why’ for getting into philanthropy, research will be your best friend. As they say, power is knowledge, and it’s far better to be over-informed for such an important decision, than not.

Drop FJ an email today if you’d like any help in getting started!