Avram Grant Advice On Practicing High Impact Philanthropy
Social workers and philanthropists are always on this quest to help others and think about ways their money can do more good. The Covid-19 pandemic has left the world amidst economic, social and health crises. This crises saw numerous non-profits and individual philanthropists emerge in order to help.
However, as easy as philanthropy sounds it is not that easy and requires a well-thought approach and plan. Who better than the famous philanthropist Avram Grant to take advice from regarding high impact philanthropy. The philanthropist gives a detail over view on what it means to practice high impact philanthropy and how it can be done.
Focusing on the Goal
When you talk about high impact philanthropy you must first recognize what philanthropic goal you want to achieve with the donation. The goal could be anything from feeding the poor to providing education to the underprivileged or even improving the lives of women. There are many other worthy causes as well such as providing clean drinking water, providing good healthcare facilities and reducing poverty. Your individual experiences often lead you to work for a particular cause or encourage you to commit to a specific community. When it comes to philanthropy you often choose the path where your heart is and the mind is secondary.
Once you have a clear goal, with a little working you can find the appropriate programs and apt organizations that will aid achievement of the goal.
Thorough Research Goes a Long Way
According to Avram Grant before you decide to make any donations make sure you’ve carried out your due-diligence. It is important that you do a background check on the organization that you are looking to fund. No one wants their hard-earned money to land in the wrong hands. Even a little research on the non-profit organization that you want to fund will take you a long way. When you’ve made your mind to help someone then it is always useful to run a background check. There have been situations where people have been robbed of their donations in the name of non-profit organization.
If you want to help in your individual capacity and not through any organization then you must do your research on where your help is needed. For this the most important step is to know what cause you want to extend your help for and which area requires this help.
Impact and Cost
You must realise whatever donation you make is a drop in the ocean and it is these drops that gradually make the ocean. No one has enough money to serve all cause and help everyone in need. So it is important to realise how much money you have and how far enough can you go with this money. For this you must connect impact to cost, that is whether the impact is proportionate to the cost. For instance when considering an organization you must compare what they spend to what is achieved. An example of this could be a $2 donation translating to enough meals for 20 people for a day at a global food bank.
This shows that different donations serve different purpose with varying effectiveness considering what the donation is for.
Other Charitable Acts
Philanthropy does not necessarily have to be monetary and can be in other forms too. If you don’t have enough money to donate then you can use your talent to help others. For instance you can use your education to educate those who don’t have any means. By giving free education to the underprivileged you are not only helping them but also adding to the society. If you are a doctor by profession you can may be give free medical services at you clinic.
Bottom Line
The bottom line is that as you pursue your philanthropic endeavours you must stay focussed on your goal. Your efficacy as a philanthropist will be the highest when you do your proper research and link impact to cost. All this will ensure that you achieve your goal and make the difference you seek to bring.