Everyone
wants their giving to be significant but how do you do it? Significant giving
means having a positive impact for a better community.
First off,
look for quality factors in programs you want to give to:
- Does the program relate to an
important issue - Does it do things to fight poverty, or helping kids go to
college? Does it have cultural events in the community? Can you see what
the money is going to, versus being simply a contribution to a giant
budget? Is there evidence of stability, such as little staff turnover,
long tenure of leader?
- Good leaders run good
programs -
Look at the leadership of a program before you give; leadership is key.
- Have you heard positive
things about the program?
Significance
also means good timing in your giving. Give when the money is needed. Don't prolong
the process.
Consider
giving money without strings. This is called discretionary giving -
letting the leadership of the program decide how to use the money.
Be willing
to venture in your giving. This means there is an element of risk. If we want a
better community this means we need changes, and change means doing something
we haven't done before: venturing.
Have
expectations for your giving. Individuals typically give gifts. A gift is
money given without expectations other than to "keep up the work."
Professionals give grants. A grant is money given with an understanding of what
the money will do. There is no reason why individuals can't give grants
and we recommend they do.
It is sad
that so much giving is done by default "well, nothing else to give
to..." The most exciting giving is when the giver comes across
outstanding people doing good work. If you don't have time to invest in
this discovery process, you can call on people who do this professionally. For
20 years Philanthropic Ventures Foundation (PVF) has searched for and found
outstanding people doing good work in the community, and advised donors on
their giving.
There are
dozens of websites that will try to tell you which program to give to. We don't
use them because they don't relate to the leadership of the program. Rather,
they use metrics to measure success. What they are missing is the leadership
factor which is so necessary in deciding whether to support a program.
Philanthropic
Ventures Foundation stands ready to help you customize your giving so that it will
have the greatest impact.
|