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How holiday giving helps you and your family

Some benefits of donating to charity and tips on how to do it

by Cindy Schulson  |  1628 views  |  1 comment  |      Rate this now! 

Physical and mental well-being

Donating to a charity makes you feel good. Allan Luks, author of The Healing Power of Doing Good, describes many scientifically documented accounts of people gaining physical, mental and emotional benefits from doing good. Luks even describes a "helper's high" that is similar to the high we feel after exercising.

Professional development

Many companies have matching programs whereby employees contributions to a charity are matched by the employer. You'll want to find out if your company has such a program and determine the criteria for participation. Companies also have company sponsored events that promote team building. Participating in these kinds of company activities helps both you and your organization build their reputation within the community and the organization.

Financial benefits

From a purely financial standpoint, giving to charity makes good sense. That’s because you can often “write off” the amounts you gave to charity on your tax forms. Business owners can especially benefit from this if they give through their businesses. To learn more about the tax benefits of giving, go to: http://www.charitynavigator.org/index.cfm?bay=content.view&cpid=31

Where to dive?

There are tons of charities to choose from (over 1 million non-profits in the U.S. alone), and you'll want to do your research to determine the ones that are the best fits for you. Find a cause that speaks to your heart, but also research the charity itself to see how much of your donation ends up in the hands of those who need it (vs. administrative, overhead and marketing expenses). One of my favorite resources is CharityNavigator.org, an independent charity evaluator with information on over 5,000 U.S. charities. No matter how much you give, whether it be time or money or in-kind donations, you will benefit by helping others. I hope you have a very happy holiday!

 

About the Author

Cindy Schulson is a mom of 2 boys who left the corporate world and has been working at home with her own business for 5 years. She loves coaching other moms with a special focus on internet marketing and career coaching. Visit her blog at www.homebusinesswins.com and get a free ebook about 12 key issues for any home business to address. You can also reach her via skype (cindyschulson), twitter (www.twitter.com/cindyschulson) or Facebook(http://profile.to/cindyschulson)

Read more by Cindy Schulson

1 comment so far...

  • I love how the child involved didn't beg or whine for help; he simply identified the basic needs that would help his family. The matter-of-fact statements are sometimes the ones that tug the hardest on our heartstrings.

    Flag as inappropriate Posted by Daisy on 28th December 2008

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