It is well-known that donating money to causes that you are passionate about has more benefits than the organizations and causes they aid – it could be extremely satisfying for you too. Millions of people donate to charities regularly to help causes they are passionate about, and also for the positive impact it can have on their personal lives.
Why doing charity is an experience that is so rewarding and life-changing for all those involved?
Here are five great reasons that you may not have considered giving to the charities of your preference.
- Giving back to charities makes you feel good.
Giving to charities is an enormous boost in mood. Knowing that you’re helping other people is incredibly rewarding and, consequently will make you feel more content and more content. Researchers have discovered a connection between donating to charity and greater activity in the region of the brain that is responsible for registering pleasure, proving that as the old saying goes that it’s better to give than take.
- Giving to charities strengthens your the values of a person.
Recent research has revealed that a sense moral conscience is the most frequently cited motive to donate to charity. Whatever charity they were involved in 96% of respondents stated that they felt they were morally bound to make use of their resources to assist others. This is this sentiment is deeply grounded in their own beliefs and values.
Being able to make a difference in the lives of other people is, for many an honor, and is accompanied by a sense of responsibility. Being able to act on these strong convictions can be a fantastic method to strengthen our own values, and to feel that we’re living in a way that’s consistent with our personal values.
- Giving has more impact than ever before
Many are worried that their donations to charities could be impacted because of administrative or tax charges that prevent the full money from going to causes or people they truly want to aid. There are many ways to maximize the impact of every donation.
If you’re a UK taxpayer, you could raise the amount of every donation you make by way of Gift Aid, an Income Tax relief program designed to aid charities in getting maximum benefit from the money they receive. Since Gift Aid enables the charity to recuperate the basic tax rate on your donation, this scheme effectively adds 25p to every £1 that you donate without cost to you.
There are many other options to donate to charities tax-efficiently and efficiently, including making a donation directly from your earnings (before tax is taken out) by using a payroll-giving scheme, donating shares to charity or leaving an inheritance to charity in your will. These options of giving make sure that your chosen charities receive the most through your contribution and may lead to a lifetime of connections between your cause and those you are passionate about.
- Giving can remind family members and friends to the value of giving
Giving to charity could be the catalyst to donate to charity. If you give to charities, you could help to bring attention to family and friends of causes that they are committed to and would love to help.
Your charitable contributions could create a family-wide initiative to support a charity or charity that has an important significance to your family as a whole.
Family giving can create bonds and strengthens bonds through a common cause and usually raises more funds than is achievable through individual contributions. There’s a good chance that you have family members who are already making donations to charities and working together can aid you in making more impact.
Spending time donating to charities with your children is an effective method of showing children from an early age that they are able to make positive changes to the world. Children are naturally inclined to give back, and cultivating their natural generosity will ensure that they will grow to be more aware of what they have and continue to contribute to charities and causes that are good in the future years.
If you have kids beginning the tradition of giving to charities together is simple – you can create an annual family donation box which everyone can fill and then nominate a family charity every year, and involve the children in choosing what causes to be supported.
Click here for information on a Ramadan appeal.
- The act of giving to charities builds and strengthens the community
It is believed that the Covid 19 pandemic has encouraged many of us to take a deeper review of our communities and think about how we can help. Giving to charities especially locally is an effective method of investing in the people and the places which make up our daily lives.
If you are a part of diverse communities, you’re likely to be in a position to recognize causes within your local area that could be benefited by charitable giving and assistance. There are also insights about how you can give your time or money to maximize your impact and help strengthen your community.