This time of year can prompt us to think about how we can give back to our communities. With requests on “Giving Tuesday” and end-of-year appeals from worthy nonprofit organizations, we know it’s tough to decide how to make the most of your charitable giving.
Howland Capital can help you make an impact with your charitable gifts of cash or appreciated stock. Kate Grundy, VP of Foundation Services, offers her suggestions for how to make the greatest impact with your charitable donations:
- Philanthropy tends to be personal – start by thinking about your passions and personal connections, and the issues that are most important to you.
- Fewer donations are better – we find that it is more impactful and personally fulfilling to make larger donations to a smaller number of organizations, rather than lots of small donations.
- Great need persists: The cost of living, inflation, and a widening wealth gap are all having a disproportionate effect on low-income communities. Consider supporting organizations that directly help those in need.
In Kate’s role supporting our clients’ charitable giving, she works with organizations in a range of issue areas, including youth, environmental sustainability, the arts, and social justice. Kate offers guidance based on clients’ interests and passions. We would welcome the opportunity to hear about and support your charitable giving!