Key Lessons in Strategic Giving

Adapted from the work of philanthropic strategist Bruce DeBoskey, JD

Go deep, not wide

DeBoskey says that too many donors adopt the “peanut butter” approach to giving – spreading charity thinly across a variety of causes and nonprofits. He believes that donors benefit when they focus deeply on a few carefully selected causes.

Support smaller nonprofits

Many large nonprofits do great work, DeBoskey says, but they are often already well-funded and deeply endowed. Gifts to smaller “grass roots” organizations, in contrast, can make a big difference.

Start now and give boldly

DeBoskey says there is no better time to give than right now. Many people wait until their later years to start giving. In the meantime, philanthropy could have been playing a meaningful role in your life.

Give to repair the world

Philanthropy is a “powerful tool to repair the world,” while also helping donors find more purpose in their lives, DeBoskey says. Philanthropy is “inherently optimistic,” he notes, reflecting the “deeply held belief that we can have a positive impact on stubborn society issues and the lives of others.”

Through giving to nonprofits, you can make a difference, promote change and improve your community.

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