1. Even small
donations have an impact
When giving to an effective charity, the size
of your donation directly correlates with the number of people you are able to
help. But you don't have to be a millionaire to make a significant difference;
even small donations have the potential to drastically improve an individual's
quality of life.
2. Giving makes us happier
Research has shown that spending money on
ourselves does not significantly increase our sense of happiness or wellbeing.
A Harvard Business School study suggests that giving to others is directly
correlated with an increased sense of happiness. The Harvard researchers write:
"Happier people give more and giving makes people happier, such that
happiness and giving may operate in a positive feedback loop."
Other studies have shown that people experience
pleasure when they see money go to charity—even if this money isn't their own.
People experience the most pleasure, however, when they give directly to
charity themselves.
3. Supporting
a cause can help keep you informed about issues of social injustice
When considering donating to a non-profit
organization, many people tend to research the issues connected to that
organization. As a result, you become more educated about social injustices
around the world. You may discover new points of view and opinions on topics
about which you were previously uniformed. This knowledge may position you to
help increase the awareness of social problems among those in your sphere of
influence from a balanced and educated standpoint.
4. Donations are tax
deductible
When you donate to a charitable organization or
a non-profit group, the amount you donate is tax deductible. But not only is
the money you give tax deductible, so are the amounts you spend on travel,
parking costs and even convention and event fees that are related to the
non-profit group, as long as you are not being reimbursed by the charity for
these expenses.
5. Volunteering with a charity may result in
physical and social benefits
After donating financially to a non-profit
organization, you may feel an inner pull to become more involved with the cause
by donating your time and skill as well. By volunteering, you have the
opportunity to build your social circles while reaping the physical, mental and
spiritual benefits from the labor you contribute to your favorite cause.
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