Considering Charitable Giving in Your New Year’s Resolutions
As we find ourselves one month into 2024, the initial fervor of our New Year’s resolutions may start to dwindle especially when it comes to charitable giving. But fear not—February offers the perfect opportunity to recommit to our goals and aspirations for the year ahead. As you pause to reassess your yearly objectives, why not include plans for charitable giving and philanthropy in your considerations?
The Power of Giving and Volunteering
Every act of giving carries significance. Whether through donations or volunteering time, each contribution makes a tangible impact on someone’s life. Moreover, giving has profound emotional and psychological effects. It fosters increased happiness, fulfillment, and a sense of purpose—a much-needed boost, particularly during this time of year.
Setting Your Charitable Goals
When contemplating your charitable giving goals for the new year, begin by reflecting on your values, passions, and areas of interest. Consider your past giving experiences—did you support causes that resonated with you? Did you receive the transparency you sought regarding your impact? It’s essential to understand how you intend to give. Whether monetarily, through material donations, volunteering, or spiritual support. Assess your resources realistically as you commit to your charitable goals for 2024.
Making a Difference this Year
Even during financially challenging times, micro-donations or giving what you can yield significant results for organizations you care about. As highlighted in “The Power of Micro-donations: Small Change, Big Impact” by Nina Rauch in Fast Company (2023), even a modest contribution can democratize giving, making it accessible to nearly anyone. For instance, a $50 donation to No Kid Hungry can provide up to 500 meals for a hungry child, making a profound difference not only in your year but also in theirs.
Incorporating Giving into Your Daily Life
If committing to a year of philanthropy seems daunting, consider integrating charitable giving into your daily routines and lifestyle choices. Opt for brands like Bomba’s or FIGS that give back. Allocate a portion of your budget for donations. Along with volunteering your time to support those in need within your community.
Finding Meaningful Causes
Feeling uncertain about where to direct your giving or volunteer efforts? Numerous resources can help you discover causes aligned with your values and interests. Sources like Giving Tuesday’s, How to Find a Nonprofit to Support on Giving Tuesday. Also, Johnson and Wales University, Finding a Nonprofit to Support offers guidance on researching reputable nonprofit organizations and identifying causes close to your heart.
Tracking Progress and Celebrating Success
Establishing the habit of tracking charitable contributions and volunteer efforts throughout the year can provide invaluable insights into your giving journey. In addition, reflecting on your giving patterns over time allows you to make informed adjustments and set realistic goals for the future, ensuring that your contributions align with your values and resources.
Finally, our giving is about setting an example for those around us, particularly the next generation. Whether it’s through volunteering, acts of kindness, or sharing our values with loved ones, we have the power to inspire others to join us in making a difference.
In summary, considering donations as part of your New Year’s resolutions can have a profound impact on individuals, communities, and society as a whole. I encourage you to take action and commit to incorporating charitable giving into your goals for the upcoming year. Together, let’s make 2024 a year of compassion, generosity, and positive change.
About the Author
Annie Rhodes has spent over 25 years in the philanthropy and tech sector helping social good organizations embrace data to drive impact. Annie joined the Wishes team to help strengthen the connection between those who want to give and the causes they want to give to. Prior to Wishes Annie was the Chief Strategy Officer at UpMetrics. Preceding Annie’s leap into philanthropic tech in 2010 she spent more than 10 years at the Ford Foundation. Annie taught a part-time class at Columbia University’s SPS Nonprofit Masters Program and Nonprofit Analytics and Metrics. She holds an MBA from Pace University and is an active volunteer with Girls on the Run NYC and the Challenged Athletes Foundation.