In the US alone, there are over 1.5 million charities and non-profit organizations. The existence of so many non-profits around us is an indication that there are numerous opportunities and needs to be had, all of which demand our attention. The practice of giving to charity and volunteering has also gained increased attention, with more Americans becoming philanthropic. The multiple benefits of giving to charity, as hereby explained, are increasingly attracting more people to make more donations.
Making an impact on someone
Giving to charity, however little the donation, has a huge impact, especially when the donations are pooled together. Charity organizations are formed in such a way that each focuses on a given project in society. Most of these projects target the alleviation of social and economic suffering among the less-advantaged. The huge impact that your donation has on helping make a change should encourage you to become a more practical donor.
Giving to charity has a huge effect on happiness and mental health, especially when it comes to boosting your mood and giving you a sense of accomplishment. The thought of having helped make a change in someone’s life can give you the altruistic joy of leading a purposeful life. It gives you a sense of belonging to the human race and is a great way to practice your generosity.
The financial benefits
Donating to charity also gives you the unbelievable benefits of tax cuts. Whenever you make a donation, according to financial regulations, you stand to benefit from a tax credit that is proportional to the amount of your donation. This implies that giving to charity saves you more money as the taxman will not charge taxes on the money you donated.
Laying a good foundation
When donating to charity, you can be sure that you are serving as a perfect example for the younger generation to follow suit. The young people who love looking up to us as role models will highly likely follow the example you put in place. This implies that donating to charity enables you to lay a good foundation for future generations to adopt the practice of philanthropy.
Donating to charity is always a sign of expressing gratitude to society. Businesses that invest in corporate social responsibility get an opportunity to show their appreciation to the community for standing with them. This gratitude can easily reciprocate into good and sustained relations.