Now that you know why, how much, and what to give, the next question is … where? With money in your Giving Fund, you’re ready to start granting to charities.
You probably have one or more causes that you’ve already decided to support – perhaps your local church or a missionary working at home or abroad. But you also probably have other needs that God is calling you to for the first time, such as ending modern-day slavery or helping young couples adopt. Whether you’re granting $100 or $100,000, you want your dollars to go as far as possible … to change more lives and make the biggest possible impact.
Here are some helpful points to consider from a professional advisor and author Alan Gotthardt, from his book The Eternity Portfolio:
And just like in financial investing, the larger the amounts, the larger the stakes. If you’re granting $10,000, $100,000, or even more from your Giving Fund to a charity, you should spend even more time and effort to ensure that you’re on the right course.
“Major gifts are the least researched major purchases that most families make every year,” he explains.
Impact Philanthropy is a complex topic, and others found these selections from the Impact Giving archive from Giving Compass to be good resources.
Looking for a way to get involved?
If you are interested in Impact Investing, please see these relevant events, training, conferences or volunteering opportunities the Giving Compass team recommends.
Are you ready to give?
In addition to learning and connecting with others, taking action is a key step towards becoming an impact giver. If you are interested in giving with impact for Impact Investing take a look at these Giving Funds, Charitable Organizations or Projects.