26 Aug Better Philanthropy by Legacy Business Solutions
Philanthropy is part of the heart and soul of Legacy Business Solutions ’ culture. As such, we’ve noted that there are different ways in which to improve the effectiveness of our charity efforts. Here are some of the best practices we’ve learned from several successful organizations.
As with businesses, philanthropic organizations should have clear, measurable goals. As our Legacy Business Solutions point out, these goals should be beyond simply raising money. Effective charities have a profound impact on those they are created to serve. If you’re giving to an organization, ask to see how the funds are used. Ask them what their objectives are in terms of providing support and whether or not these efforts are successful. Have they attained a clear understanding of the problem before funneling money into it?
The other difference to consider with philanthropic groups is if they have a help or serve approach. Helping others is a mind-set in which the charity and those that support it see themselves as above others. In contrast, our Legacy Business Solutions suggest a service mind-set, or one in which the charity exists to provide support by understanding the needs of the recipients. Through this approach, you are lifting those out of situations rather than simply putting a bandage over problems.
Giving back is a fundamental that we can all embrace. If there’s a way to maximize the effort, let’s do it.