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In bad financial times, many worthwhile philanthropic endeavors suffer because potential donors possess far less discretionary income. In contrast, there's a extremely important and effective way that individuals and businesses will certainly assist philanthropies and charities - volunteerism. Whether someone has suffered financially or not, lots of people continue to be capable of volunteerism. The Jewish religions uses two terms: (1) Tzedaka- meaning charity or helping, and; (2) Tikun Olam- meaning repairing the world.

By volunteering, individuals may make an important and valuable contribution. In today's economy, where governments are running huge deficits, and lots of worthwhile projects are increasingly being put "on hold" or eliminated completely, especially by local and state governments, charities need volunteers and additionally contributions to meet their important missions. Individuals can volunteer their time and their own personal labor, to help philanthropies better cope by reducing their expenses. If a philanthropy (or charity) can save money on expenses, it can often "stretch" its funds further into important programing.

Some forms of volunteerism include: helping out with local community cleanups; working with others on local gardens; assisting in the office, etc., at one's house of worship; transporting elderly, etc. to the supermarket or pharmacy; joining the Board of a local philanthropy; "pitching in" wherever needed, etc. All of these efforts reduce local charities overall expenses in times when government grants and other contributions may are already reduced and/ or eliminated.

In difficult financial times, donors need to be selective in their donations. A donor should look at the charity/ philanthropy's financial information, to look at just click the up coming page how much actually goes to programming. The bigger the

percentage that goes to programming, the greater comfortable a prospective donor should and does feel. Some excellent local charities still have high operating costs as a share of revenues, and if one feels strongly about one of those organizations, the most effective way to make others want to donate, is by helping the organization reduce its overhead. That is another area where volunteerism is both necessary and worthwhile!

While financial conditions changed, and schemists like Madoff separated a lot of from their money, it's more important than ever for people to be as generous since they can afford, because charities need help much more in bad times than good. In bad financial times, charities need to stretch fewer dollars further because there are numerous additional community needs that government has abandoned.

A donor must make sure that any philanthropy/ charity is responsibly discharging its duties, and striving to fulfill its mission, both effectively and inefficiently. Our politicians like to rhetorically support important causes, but many of these causes and mandates become unfunded, and charities and philanthropies must make up the funding differential. There are numerous religions that urge charity as a doctrine of its faith. If each of us will make a personal pledge to maintain the minimum portion of donation, both in good time or bad, the world would be a better place and there would be less suffering.
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