3 Ways to Maximize Your Philanthropic Impact Before Year-End

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With the year-end giving season underway, many are thinking about ways to maximize their impact by December 31st. The holidays are also a time when people typically give more generously to the causes they care about.

Wondering what you can do? Here are three proven strategies for making a positive impact this December:

  • Donating: Research shows that charitable giving by individuals increased 5.2%* (3% growth when inflation-adjusted) in 2017. Additionally, Americans show their charitable spirit by giving an average of 2.6%** of their income to charity each year. However, you can choose to give more or less depending on your personal preferences. Giving is a personal decision – both in terms of dollars and causes.
  • Matching Programs: There are ways to grow your donation, which in turn increases your effectiveness. Some employers have a matching donation program and will match either all or a portion of your gift. Additionally, some nonprofits have matching campaigns funded by their large donors. If your company does not have a matching donation program, consider asking about potential opportunities.
  • Volunteering: Connecting with your favorite causes directly through volunteering can provide a very meaningful experience as well as an opportunity to learn. When participating in company-organized events, it also allows for building stronger connections with coworkers outside of the office. Volunteering can be done as a one-off effort or as part of an ongoing commitment.

Billionaires are not the only ones who can make a difference. The key to maximizing your philanthropic impact is harnessing your resources – whether it be your money or time – to support causes about which you are passionate.


Image via Pixabay


*Giving USA 2018: The Annual Report on Philanthropy for the Year 2017
**The average American gives 2.6% of their income to charity every year. How much do you give?and The National Center for Charitable Statistics (NCCS),Charitable Giving in America: Some Facts and Figures

© 2018 Bright Funds Inc.

Michelle Marinas

Michelle Marinas

Michelle is the Office Manager and Head of Customer Support at Bright Funds. Motivated by helping others, she is passionate about the employee experiences and helping donors give back to causes they care about. She has her Masters in Career Counseling from SJSU and loves to mentor students in higher education. In her free time, she enjoys cooking new foods and traveling with her loved ones.