Kent Paul Scarborough- A Successful Businessman And Generous Philanthropist From Australia. He always highlights the number of organizations that practice ineffective philanthropy via several programs. Strategic philanthropy of corporate will help to develop the competitive context of the company. If organizations want to gain an edge over the competition, then they should rely on the charitable efforts.
Philanthropy is all about care, thought, deliberation, and going beyond the expected to bring change for a better and nicer world. Always try to begin with passion as well as value. With little planning and more dedication, anyone in the world can become a philanthropist.
- Embrace the Mindset of a Philanthropist
It is pretty wrong to think that only an elite can become a philanthropist. Well! No, it doesn’t matter who you are and how much money you have, you can become a philanthropist with a nice mindset. Remember, everyone has something or other values to offer. There are several non-profit organizations that require the help of donors at all levels.
- Choose an Appropriate Time
It is best to make a decision when to give. If you are having a good enough wealth for donations, then only it is better to give. There are certain guiding principles such as how much you want to donate monthly as well as annually. Would you be interested to create any foundation to set the legacy? Think about whether you want to have maximum control over your wealth or not.
- Never Underestimate Time and Talent
If you don’t have anything to give in monetary terms then you can save time and offer your ability. Never underestimate the worth you bring just by sharing yourself. The most ideal approach to realize any organization is through volunteering. Find out a non-profit territory that is advantageous for you. Seek help and after finding out the organization, address the reason you’re energetic about it and turn out to be more included.
- Decide Way to Give
Kent Paul Scarborough Former CEO & Entrepreneur always says that it is essential to decide the way you want to give the donations. You can plan donations in several ways such as cheque, cash, and a credit card or you can give appreciable assets such as mutual funds, stock-bond, etc. However, the best method of helping an organization you trust is by offering to carry your mission and plan for the future. Apart from giving directly, find ways in consultation with your financial advisor, accountant, and/or attorney to make the best decisions.
- Choose Organizations
Kent Paul Scarborough – A Professional from Australia suggests narrowing the focus from several organizations to only one or two at maximum. Try to get into the root concerns and address the causes. If you do so, you will be able to consolidate your planning and will be able to have a deeper impact. Keep in mind that if you desire quick processing of your donation, then it will incur a fee even if it is non-profitable.